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Watani USD Money Market Fund According to Islamic Shariah Principles II

Watani USD Money Market Fund According to Islamic Shariah Principles II

Watani USD Money Market Fund According to Islamic Shariah Principles II


The primary aim of the fund is to enable investors to gain exposure to Shariah compliant money market investments. The Fund seeks to generate competitive returns while using Shariah compliant investment vehicles. The objective is achieved through capital appreciation with a low level of risk and high level of liquidity by providing its investors exposure to high quality, diversified and highly liquid instruments including but not limited Shariah compliant short-term investments and Sukuk.

Fund Features

Capital Preservation

The fund aims to preserve capital.

Weekly Liquidity

Ability to subscribe and redeem weekly.

High Quality

Invests in high quality money market instruments.

Low Risk

Investments in money market funds are considered low risk.

Shariah Compliant

All underlying investments are Shariah compliant.

Capital Preservation

The fund aims to preserve capital.

Weekly Liquidity

Ability to subscribe and redeem weekly.

High Quality

Invests in high quality money market instruments.

Low Risk

Investments in money market funds are considered low risk.

Shariah Compliant

All underlying investments are Shariah compliant.

Fund Management Team

  • Management Team

    Fahad Ali Abdulrahman Al Bader

    Deputy CEO

  • Management Team

    Shadi Khadder, CFA, FRM

    Managing Director - MENA Asset Management

  • Management Team

    Rana Atallah, CFA

    Director - MENA Asset Management

  • Management Team

    Khalil Salame, CFA

    VP - MENA Asset Management

  • Management Team

    Abdulmohsen AlHamad

    VP - MENA Asset Management

  • Management Team

    Ali Sarab

    AVP - MENA Asset Management

  • Management Team

    Muneera AlMarzouq

    Manager - MENA Asset Management

  • Management Team

    Amanda Ghannam

    Manager - MENA Asset Management

  • Management Team

    Yousef Al-Abdullah

    Senior Analyst - MENA Asset Management

Contact Us

NBK Headquarters, Level 35, Jaber Al-Mubarak and AlShuhada Street, Block 7, Plot 6, Sharq, Kuwait
P.O. Box: 4950 Safat, 13050 Kuwait
Email: NBKC-FundAdministration@nbkwealth.com

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Disclaimer:
NBK Invest is a brand registered under the name of Watani Investment Company K.S.C.C. and provides prospective clients with digital access to the investment products, services, and solutions offered by Watani Investment Company K.S.C.C.
Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Before investing, consider your investment objectives and this service's charges and expenses. Past performance does not guarantee future results, and the likelihood of investment outcomes are hypothetical in nature.
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