002013
Aljazira USD Murabaha Fund
Aljazira Capital
119.3177
NAV / Unit
As of: 2025-12-02
1M+0.22%3M+0.71%1Y+3.27%
119.3177
NAV / Unit
Latest Net Asset Value
+3.27%
1-Year Return
Trailing 12 Months
1.29%
Total Expense Ratio
Annual Fee Drag
9.54M USD
Fund Size (AUM)
Total Net Assets
-5.75
Sharpe Ratio (1Y)
Risk-Adjusted Return
0.13%
Volatility (1Y)
Annualised Std. Dev.
Fund Profile
The fund aims to achieve a return that exceeds the benchmark with low risk while providing liquidity over a short period by investing in short-term, low-risk financial instruments such as Murabaha and Ijarah contracts.
Fees & Costs
Maximum Allowable Fees
Management Fee
0.75%
Subscription Fee
0.00%
Redemption Fee
0.00%
Performance Fee
15.00%
Maximum fees permitted under the fund's Terms & Conditions.
Total Expense Ratio (TER)
Fund TER
1.29%
Peer Avg
0.78%
Actual Expenses — 2025 (Dec 31, 2025)
| Expense Item | Amount | % of AUM |
|---|---|---|
| Management Fees | 118,270 USD | 1.28% |
| Other Expenses | 924 USD | 0.01% |
| Total Expenses | 119,194 USD | 1.29% |
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
211 USD
2.1% of initial investment
fees paid
After 5 Years
1,231 USD
12.3% of initial investment
fees paid
After 10 Years
2,990 USD
29.9% of initial investment
fees paid
Performance
Sharpe Ratio
Sharpe Ratio (1Y)-5.75
Peer Avg (1Y)1.09
Historical Returns
| Period | Return | Relative (vs Peers) |
|---|---|---|
| 3 Months | +0.71% | -0.23% |
| 6 Months | +1.53% | -0.51% |
| 1 Year | +3.27% | -0.87% |
| 3 Years (Ann.) | +3.91% | -0.44% |
| 5 Years (Ann.) | +2.81% | -0.54% |
Risk Metrics
Volatility (1Y)0.13%
Holdings
By Security Type
- Al Riyadh USD Diversified Trade Fund49.97%
- Al Badr Murabaha Fund - USD50.03%
Fund Financials — 2025 (Dec 31, 2025)
| Total Income | 683,938 USD |
| Total Expenses | 119,194 USD |
| Net Income | 564,744 USD |
| Total Assets | 9.23M USD |
| Total Liabilities | 15,226 USD |
| Net Asset Value | 9.21M USD |
| Units in Issue | 77,046 |
| NAV per Unit | 119.5900 USD |
Fund Managers
Fund Manager
- Aljazira CapitalFund Manager
Board Members
- Saad Abdulaziz Al-GhurairiBoard Chairman - Non-Independent Member
- Marco MauriBoard Member - Non-Independent Member
- Mohammed Abdulrahman Al-RemizanBoard Member - Independent Member
- Firas Hatem Al-HusseiniBoard Member - Independent Member
Shariah Advisors
- Abdullah bin Mohammed Al-MutlaqChairman of the Sharia Committee
- Mohamed Ali El-GariMember of the Sharia Committee
- Lahem bin Hamad Al-NasserMember of the Sharia Committee
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