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002030

Alpha Murabaha Fund

Alpha Capital

13.1302 NAV / Unit

As of: 2026-05-20

1M+0.42%3M+1.29%1Y+5.70%
13.1302 NAV / Unit Latest Net Asset Value
+5.70% 1-Year Return Trailing 12 Months
0.14% Total Expense Ratio Annual Fee Drag
8.76B SAR Fund Size (AUM) Total Net Assets
6.76 Sharpe Ratio (1Y) Risk-Adjusted Return
0.25% Volatility (1Y) Annualised Std. Dev.

Fund Profile

The fund aims to achieve current income, capital preservation, and provide liquidity by investing primarily in Murabaha transactions and other low-risk financial instruments compliant with Shariah standards.

Fund Manager Alpha Capital
Type OPEN ENDED
Category Money Market
Inception Oct 15, 2018
Currency SAR
Shariah Compliant Yes
Risk Level LOW
NAV Frequency DAILY
Min. Subscription 5,000 SAR
AUM 8.76B SAR
Latest Report Dec 31, 2025
Benchmark SAIBOR 1M

Fees & Costs

Maximum Allowable Fees
Management Fee 0.45%
Subscription Fee 0.00%
Redemption Fee 0.00%
Performance Fee 0.00%

Maximum fees permitted under the fund's Terms & Conditions.

Total Expense Ratio (TER)
Fund TER 0.14%
Peer Avg 0.81%
Actual Expenses — 2025 (Dec 31, 2025)
Expense Item Amount % of AUM
Management Fees7.88M SAR0.11%
Custody Fee717,295 SAR0.01%
Audit Fee69,000 SAR0.00%
Directors' Fee8,000 SAR0.00%
CMA Fee7,500 SAR0.00%
Tadawul Fee5,750 SAR0.00%
Other Expenses1.25M SAR0.02%
Total Expenses9.94M SAR0.14%
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 15 SAR
0.2% of initial investment
fees paid
After 5 Years 91 SAR
0.9% of initial investment
fees paid
After 10 Years 231 SAR
2.3% of initial investment
fees paid

Performance

Sharpe Ratio
Sharpe Ratio (1Y)6.76
Peer Avg (1Y)0.84
Historical Returns
Period Return Relative (vs Peers)
3 Months+1.29%+0.35%
6 Months+2.72%+0.70%
1 Year+5.70%+1.61%
3 Years (Ann.)+5.72%+1.40%
5 Years (Ann.)+4.38%+1.07%
Risk Metrics
Volatility (1Y)0.25%

Holdings

By Security Type
Murabaha Placements by Maturity
Sukuks by Maturity

Fund Financials — 2025 (Dec 31, 2025)

Total Income321.52M SAR
Total Expenses9.94M SAR
Net Income311.58M SAR
Total Assets6.95B SAR
Total Liabilities1.99M SAR
Net Asset Value6.95B SAR
Units in Issue540.44M
NAV per Unit12.8600 SAR

Fund Managers

Fund Manager
Board Members
Shariah Advisors

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