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Tharwa Islamic Fund     (Nav aS ON 9/5/2013 : 0.797)

This fund will be investing in listed companies on the Kuwaiti Stock Exchange, that adhere to the principals of Islamic Shariah, offering a weekly exit for investors.
Fund NameTharwa Islamic Fund
Start trading date22/06/2007
Fund Duration15 Years
Fund Capital5 million to 100 million KD
Fund ManagerTharwa Investment Co.
CustodianKuwait Clearing Co.
Financial AuditorBader Al-Baziaa & Partner Office
Minimum Investment1000 Unit.
Additional Investment1000 Unit.
Fund CurrencyK.D.
Valuation of Investment Units ( NAV )Weekly - Thursday
Entry (Subscription)*Weekly
Exit (Redemption)*Weekly
Subscription Fee0.25%
Redemption Fee0.25%
Management Fee1.5%
Custodian Fee0.125%
* NOTICE PERIOD :first 3 working days
 Sharia Supervisory AuthoritiesAl-Madar
STAFF MEMBERS
 Sami I. Al-Hasawi
Name of Fund Administriative DirectorsKhaled A. Al-Fares
 Abdullateef Al-Muzaini
  


Articles of Association

Know your client

Required documents to open an account

Tharwa Islamic Fund Reports

Tharwa Islamic Fund Reports 2013

Tharwa Islamic Fund Reports 2012

Tharwa Islamic Fund Report 2011

Tharwa Islamic Fund Report 2010

Tharwa Islamic Fund Report 2009

Tharwa Islamic Fund Report 2008

Tharwa Islamic Fund Report 2007
 
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