Revamping the Distribution Share Class for Mashreq Al Islami Income Fund (Sukuk Fund)


Dear Investor,

Mashreq Capital (DIFC) limited (‘Mashreq Capital’), the fund manager and investment manager of Mashreq Al Islami Income Fund (MAIIF) is proud to announce the revamp of its existing dividend paying share class.
The Class 'D' Income Share class will target a quarterly income distribution of 1% and working towards an annual distribution of 4% starting January 1st 2019 onwards. The 1% target distribution will be paid within 20 business days of the preceding quarter. This will cement Mashreq Al Islami Income Fund’s position as a frontrunner of income distributing Shari’ah compliant Sukuk funds.

Details on the share class are summarized below:

Share Class Details Currency ISIN/ Bloomberg Ticker Target Income Distribution (Quarterly)*
Class 'D' Income Shares USD AEDFXA1T6483/ BADISID 1%

Mashreq Al Islami Income Fund is an investment vehicle that provides investors with Shari’ah Compliant returns by investing in Shari’ah Compliant financial instruments.
Recognized as a pioneer in the space of Shariah compliant global Sukuk funds, Mashreq Al Islami Income Fund has the longest track record among its peers dating back to 2009. The fund has been ranked consistently as a top performer amongst funds following a similar investment strategy.
The fund is supervised by a Shari’ah Supervisory Board which consists of globally renowned and esteemed Shari’ah scholars. These top scholars are experts in the field of Islamic financial jurisprudence and serve on boards of reputable Islamic financial institutions around the world.

Mashreq Capital (DIFC) Limited

*IMPORTANT DISCLOSURE: This material is for distribution to Professional Clients only (as defined by the DFSA Conduct of Business Rulebooks) should not be relied upon by any other persons. It is issued by Mashreq Capital (DIFC) Limited, regulated by the Dubai Financial Services Authority. Registered office: Unit 28-03, Currency House - Tower 2, Dubai International Financial Centre, Dubai, 1250, United Arab Emirates. Tel: +97144244618. For your protection telephone calls are usually recorded.
The views expressed do not constitute investment or any other advice and are subject to change. They do not necessarily reflect the views of Mashreq Capital and no assurances are made as to their accuracy. This document is for information purposes only and does not constitute an offer or invitation to anyone to invest in any Mashreq Capital funds and has not been prepared in connection with any such offer. Past performance is not a reliable indicator of current or future results.
You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of each Fund’s Plan. Please note that depending on market conditions, a portion of your distribution may be a return of capital. A return of capital may occur for example, when some or all of the money that you invested in each Fund is paid back to you. A return of capital distribution does not necessarily reflect each Fund’s investment performance and should not be confused with “yield” or “income.”

Contact Number & Working Hours

  • Contact Number : +971 4 424 4618
  • Call Center Working Hours : Mon to Fri 8:30am - 5:00pm

Join us on

Office Address

Mashreq Capital (DIFC) Ltd
Al Fattan Currency House, Tower 1, Floor 1, Office 111
Dubai International Financial Centre (DIFC)
Post Box 1250, Dubai, UAE

Copyright © 2022 Mashreq. All Rights Reserved.