002003
Aljazira European Equities Fund
Aljazira Capital
261.2370
NAV / Unit
As of: 2026-05-20
1M-0.47%3M-1.58%1Y+13.97%
261.2370
NAV / Unit
Latest Net Asset Value
+13.97%
1-Year Return
Trailing 12 Months
2.21%
Total Expense Ratio
Annual Fee Drag
48.37M USD
Fund Size (AUM)
Total Net Assets
0.61
Sharpe Ratio (1Y)
Risk-Adjusted Return
16.30%
Volatility (1Y)
Annualised Std. Dev.
Fund Profile
The primary objective of the fund is to provide an opportunity for investors to participate in the European equity market and achieve long-term capital growth and achieve a return that exceeds the growth rate of the Dow Jones Islamic Market Europe Index.
Fees & Costs
Maximum Allowable Fees
Management Fee
1.50%
Subscription Fee
2.00%
Redemption Fee
--
Performance Fee
20.00%
Maximum fees permitted under the fund's Terms & Conditions.
Total Expense Ratio (TER)
Fund TER
2.21%
Peer Avg
2.62%
Actual Expenses — 2025 (Dec 31, 2025)
| Expense Item | Amount | % of AUM |
|---|---|---|
| Management Fees | 766,505 USD | 1.67% |
| Custody Fee | 40,363 USD | 0.09% |
| Audit Fee | 8,557 USD | 0.02% |
| Directors' Fee | 4,255 USD | 0.01% |
| CMA Fee | 2,010 USD | 0.00% |
| Tadawul Fee | 1,524 USD | 0.00% |
| Other Expenses | 91,244 USD | 0.20% |
| Total Expenses | 1.01M USD | 2.21% |
Cost of Investing — Hypothetical 10,000 SAR Investment
Assuming 5% annual return before fees, this is the estimated SAR amount paid in fees over time.
After 1 Year
536 USD
5.4% of initial investment
fees paid
After 5 Years
2,113 USD
21.1% of initial investment
fees paid
After 10 Years
4,715 USD
47.2% of initial investment
fees paid
Performance
Sharpe Ratio
Sharpe Ratio (1Y)0.61
Peer Avg (1Y)-0.68
Historical Returns
| Period | Return | Relative (vs Peers) |
|---|---|---|
| 3 Months | -1.58% | +1.05% |
| 6 Months | +12.82% | +16.53% |
| 1 Year | +13.97% | +20.08% |
| 3 Years (Ann.) | +9.67% | +3.11% |
| 5 Years (Ann.) | +4.47% | -3.93% |
Risk Metrics
Volatility (1Y)16.30%
Holdings
By Sector
- Pharmaceuticals11.19%
- Software10.37%
- Food9.20%
- Diversified Manufacturing8.58%
- Personal Care Products7.09%
- Machinery6.73%
- Water Utilities5.24%
- Chemicals3.97%
- Retail3.95%
- Mining3.50%
- Commercial Services3.48%
- Engineering & Construction2.62%
- Apparel2.60%
- Building Materials1.97%
- Other19.53%
By Country
- Europe41.69%
- Switzerland25.44%
- United Kingdom17.11%
- Sweden7.34%
- Denmark7.72%
- Norway1.15%
Fund Financials — 2025 (Dec 31, 2025)
| Total Income | 8.89M USD |
| Total Expenses | 1.01M USD |
| Net Income | 7.88M USD |
| Total Assets | 46.13M USD |
| Total Liabilities | 307,588 USD |
| Net Asset Value | 45.83M USD |
| Units in Issue | 188,174 |
| NAV per Unit | 243.5300 USD |
Fund Managers
Fund Manager
- Aljazira CapitalFund Manager
Board Members
- Saad Abdulaziz Al-GhaririBoard Chairman - Non-Independent Member
- Abdulaziz Khalaf Al-AnaziBoard Member - Non-Independent Member
- Mohammad Abdulrahman Al-RamizanBoard Member - Independent Member
- Firas Hatem Al-HusseiniBoard Member - Independent Member
Shariah Advisors
- Abdullah bin Mohammed Al-MutlaqChairman of the Sharia Committee
- Mohamed Ali ElgariMember of the Sharia Committee
- Fahad bin Hamad Al-NasserMember of the Sharia Committee
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