Islamic Products

Mashreq Al Islami Equity Fund

Fund Objective

The objective of the Mashreq Al Islami Equity Fund is to seek long term capital appreciation through investments made primarily in Shariah-compliant equities listed on the stock exchanges of the Middle East and North Africa (MENA) region.

Fund Details

Fund  Manager Mashreq Capital (DIFC) Limited    
Fund Type Shariah Compliant Open Ended Fund    
Domicile DIFC, Dubai    
Regulator The Dubai Financial Services Authority (DFSA)    
Currency USD    
Inception Date December 8, 2025    
Benchmark S&P Pan Arab Shariah Composite (Ticker SPSHPAT)    
Registrar and Transfer Agent Apex Fund Services (Dubai) Ltd.    
Custodian Deutsche Bank    
Auditor Deloitte & Touche (M.E.)    
Valuation date Close of business (UAE time) at each Business Day.    
Dealing date (Subscription/Redemption) Each Business Day    
Notice Periods (Subscription/Redemption) At least two Business Days prior to the desired Subscription /Redemption Date    
Performance Fee NIL    
Subscription  Fee Up to 5% in respect of Class "D Accumulation", Class "D Income" Shares, Class "D AED Accumulation" Shares, and Class "D AED Income"
Up to 2% in respect of Class "B" Shares and Class "C" Shares
   
Redemption Fee NIL    
   
Redemption  thresholds Minimum redemption amount  of USD 50 and AED 100    
Share
 Class
Currency ISIN Type Bloomberg Ticker *Minimum
Subscription
*Additional
Subscription
*Minimum
Subscription
*Additional
Subscription
Management Fee Distribution Fee
USD AED
E USD AEDFXA03C034 Accumulation MASISLE UH 500,000 100,000 - - 1.50% 0.00%
F USD AEDFXA03C042 Accumulation MASISLF UH 100 100 - - 1.00% 0.00%
GA USD AEDFXA03C059 Accumulation MASISGA UH 100 100 - - 1.50% 0.75%
GI AED AEDFXA03C075 Income MASISGI UH - - 1,000 100 1.50% 0.75%
GA AED USD AEDFXA03C067 Accumulation MASIGAA UH 100 100 - - 1.50% 0.75%
GI AED AED AEDFXA03C026 Income MASIGIA UH - - 1,000 100 1.50% 0.75%
Note *Kindly be advised that effective from 1st January 2018, all of the above mentioned fees and charges will be subject to an additional 5% Value Added Tax. *Please be informed that our business days are Monday to Friday unless the UAE Ministry of Labour or the DIFC Authority announce that such a day will be a holiday in the DIFC and, in relation to a particular Sub-Fund, such other place or places as may be specified in the relevant Annexure

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