Mutual Funds

Helal fund
  • Fund Manager: C I Assets Management
  • Start update: 5/2011
  • IC Face Value: 100 EGP
  • IC Price Update: 240.54967 EGP
  • Subscription: Daily without any fees
  • Redemption: Weekly (First working day of the week) without any fees
  • Return: Yearly (accumulated)
  • Investment Policy: Assets are invested in equity shares on the stock exchange market that complies with Islamic sharia in addition to saving accounts with Islamic banks
  • Dividends: Dividends could be distributed in the form of free IC’s on 31/12 upon manager approval and up to 80% from net profit.