Overview

AL Habib Islamic Savings Fund (AHISAV) is an open-ended shariah compliant income fund which provides unit-holders superior risk adjusted long term return consistent with a broadly diversified portfolio of long, medium, and short term, high quality Shariah Compliant fixed income instruments. Weighted Average Maturity shall not exceed 4 years. Major portion of investments comprises of term of deposit in Islamic banks or Islamic window of conventional banks, GoP Ijarah Sukuk, Islamic deposits, Sukuks etc. Rating of any security in the portfolio shall not be lower than "A". There is no lock-in period, unit-holders can redeem their investments during cut-off timings without any penalty.

Investment Objective

AHISAVF’s objective is to provide competitive risk adjusted returns to its investors by investing in a diversified portfolio of long, medium and short term shariah compliant debt instruments while taking into account liquidity considerations.

For Investor's Seeking