Lulwa KD Money Market Fund According to Islamic Sharia Principles

Overview

InvestGB’s Lulwa KD Money Market Fund is a Sharia-compliant investment designed to help you make the most of your cash.

The Fund offers you a low-risk and attractive investment option with high liquidity, giving you the flexibility, stability, and peace of mind you deserve.

Weekly Performance of Lulwa KD Money Market Fund as of November 11, 2025:

Net Asset Value (NAV): KD 1.02330
Weekly Return: 0.070%
Annualized Weekly Return: 3.74%

Monthly Performance of Lulwa USD Money Market Fund as of October 31, 2025:

Net Asset Value (NAV):
KD 1.02216
Monthly Annualized Return: 3.74%
Annualized Return Since Inception: 3.48%

Investment Features

Potential higher returns than Fixed Deposits

Stable and modest returns

Highly liquid

Low- risk investment

Performance

First Financial Year

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Annualized 3 Years (Since Inception)

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Annualized 6 Years (Since Inception)

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End of Q4 2024 (Since Inception)

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Cumulative Return (Since Inception)

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Annualized Return (Since Inception)

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One Week Annualized Return

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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

Management Team

Tareq AlSaleh

Acting Chief Investments Officer & Managing Director – Wealth Management

Talal AlKhamis

Director – Regional Equities & Fixed Income

Stephanie Mamo

Vice President – Regional Equities & Fixed Income

Lulwa KD Money Market Fund According to Islamic Sharia Principles

Overview

Investment Features

Performance

Fund Facts

Related Documents

Articles of Association

Subscription Form

Redemption Form

Prospectus

FAQs

Fund Factsheet

Management Team

Tareq AlSaleh

Talal AlKhamis

Stephanie Mamo