A
closed investment fund for the financing murabaha transactions to purchase
equities (Arbitrage 2)
The Mudarib
Rusd Investment Bank
Shari’a Supervision
The Fund is supervised by a Shari’a Board comprised of: Sheik
Nizamuddin Yaqubi Professor
Mohammed Dawood Bakr
Fund
Objectives
Financing
short-term murabaha transactions
Identified Market
Securities markets in the GCC countries
Fund
Capital
US$ 7,500,000
Unit
Price
US$ 5,000
Number
of Units
1,500 units
Expected Return
8% p.a., 12% over 18 months
Participation
US$ 25,000 for individuals
US$ 100,000 for corporations
Duration of Fund
18 months
Date of closing
09/11/2004
Withdrawal
Not available for the duration of the fund. However, units can be traded in
the secondary market
Trading
Trading is allowed after six months from the closing date.
Fund Features
Arbitrage fund 2
Short-term investment.
Competitive and attractive rate of return.
Strict compliance with Shari’a principles. Portfolio
managed by competent professionals.
Safe or low risks.
Investors are not subject to market volatilities.
For further information, please visit our web site www.rusdbank.com or call
free line 800 244 2255 or send a fax to +966 2 663 4055.
RUSD Investment Bank is rich with banking and investment expertise under the
leadership of Dr. Saleh J. Malaikah, who is well known in the Islamic economics
circles, having been at the helm of several international Islamic financial
institutions such as banks, insurance and leasing companies. He received several
recognition awards from international forum for his distinguished contributions.
and his working team includes reputable and recognized names in the Islamic
banking industry.
