InvestGB’s Lulwa KD Money Market Fund is a Sharia-compliant fund designed to help you make the most of your cash.
The Fund offers a low-risk investment option with high liquidity, giving you the flexibility, stability, and peace of mind you deserve.
Lulwa KD Money Market Fund According to Islamic Sharia Principles
Weekly Performance
November 10, 2026
Net Asset Value (NAV)
KD1.06213
Weekly Return
0.075%
Annualized Weekly Return
4.01%
Monthly Performance
October 31, 2026
Net Asset Value (NAV)
KD 1.06099
Monthly Annualized Return
3.96%
Annualized Return Since Inception
3.67%
Fund Facts
Asset Class
Money Market Fund
Fund Name
Lulwa KD Money Market Fund According to Islamic Sharia Principles
Fund Structure
Open-ended
Minimum Investment
KD 1,000 and in increments of KD 1 thereafter
Liquidity
Weekly
Inception Date
March 11, 2025
Fund Size
Minimum KD 2 million, maximum KD 500 Million
Fund tenor
15 years, renewable
Subscription/Redemption Deadline
Every Monday at 12 noon
NAV calculation
Every Tuesday
Management Fee
Up to 1%
Fund Manager
Gulf Capital Investment Company K.S.C.C.
Selling Agent
Gulf Bank K.S.C.P.
Custodian and Investment Controller
Gulf Custody Company
Investment Controller’s Fee
0.05% of the Fund’s Net Asset Value until KD15 million
0.035% of the Fund’s Net Asset Value for the amount above KD15 million until KD40 million
0.02% of the Fund’s Net Asset Value for any amount above KD40 million
Fees of the Custodian
0.05% of the Fund’s Net Asset Value until KD15 million
0.035% of the Fund’s Net Asset Value for the amount above KD15 million until KD40 million
0.02% of the Fund’s Net Asset Value for any amount above KD40 million
Auditor
BDO- Al Nisf and Partners
Fund Regulator
Capital Markets Authority
Domicile of the Fund
Kuwait
Fund Manager Contact
22085482, fundadmin@investgb.com
Fund Manager Address
AlHamra Tower, Kuwait City Block 8, AlShuhada Street 37th Floor, Offices B
