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Inception
Date
Net Asset Value
Per Unit (KD)
As of Return Since Inception
(%)
Year to Date
(%)
Fund Size
(KD)
11/07/2006 1.006 21/08/08 32.79% 1.71% 9.9 Million


Fund Manager Commercial Bank of Kuwait
Custodian Gulf Custody Company
Selling Agent Commercial Bank of Kuwait
Auditors Bader & Co Pricewaterhousecoopers


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Tijari Islamic Fund
Dividend Distribution

year Bonus Cash
2007
20
0
2007
10
0
Total 30 0%

Monthly Factsheets

  • 2008 Calendars
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Fund Objective
• To create relatively higher returns for investors by
  investing in a diversified and risk-controlled manner
  in Sharia Compliant Companies that are listed on
  the Kuwait Stock Exchange.


Fund Strategy
• The Fund's assets will be invested mainly in stocks
   listed on the Kuwait Stock Exchange.
• The Fund may invest in large cap as well as medium
   cap Companies.
• The Fund will invest in Sharia Compliant Companies
   that fit the following criteria
• Steady growth in revenues
• Strong operational income Fund Objective
• Strong balance sheets Fund Objective
• Attractive P/E & P/BV ratios
Fund Description
• Life of the Fund is 10 years
• Capital range of KD 5 Million to KD 100 Million
• Minimum subscription 500 Units;
  Maximum subscription 50%
  of the total number of issued units.
Fees
• Subscription fees 1.00%
• Redemption fees 0.25%
• Management fees 1.50%
• Custody fees 0.125%
Client Assurance
• CBK will maintain a minimum 5% investment
  in the Fund at all times.

Subscription/Redemption
• Subscription and Redemption shall take place
   on Thursdays twice a month
Target Clients
• The Fund is open to all Kuwaiti nationals,
  Expatriates, Corporations and Institutions.
Benchmark
Al-Madar Islamic Index

For any inquiries or Information about the Fund, please contact
For any inquiries related to Subscription/Redemption, please contact

Rouquiah Al-Rifae

Tel: 299 0453

Shahad Abdulrahman

Tel: 299 0684
Faisal Al Muzaini
Tel: 299 0591
Ali Fahs
Tel: 245 8885

Nawar Al-Ramadhan

Tel: 299 0881

Mohammed Al-Olayan

Tel: 299 0887

Mohammad Al Yazdaji

Tel: 299 0596