Emirates Islamic Bank P.J.S.C. Fund

Emirates Islamic offers a wide range of Sharia-compliant funds that invest in a variety of assets classes and geographic regions. Whether you are looking for a diversified portfolio of Sukuks or investment in commodities – Emirates Islamic has an offering for you.

Your Emirates Islamic Investment Advisor will help you in selecting funds that match your needs and financial objectives, as well as your risk appetite.

Global & Other Regional Equity Funds

AlAhli North America Index Fund

The fund aims to generate long term capital growth by investing in Shari’a compliant North American equities. The fund seeks to track the performance of MSCI North America Islamic Index.

Emirates India Equity Fund

The fund aims to achieve medium to long term capital growth through direct investments made in Shari’a compliant Indian equities. The fund will use an active management style and take advantage of price distortions and specific opportunities that display potential for strong gains.

Emirates Emerging Markets Equity Fund

The investment purpose of the fund is to provide investors with a means of participating in Shari’a compliant equities listed in or operating in emerging markets globally. The Sub-Fund will invest in Shari’a compliant emerging market equities which seek to achieve long-term capital growth over a complete economic cycle.

HSBC Islamic Global Equity Index Fund

The fund aims to create long term appreciation of capital through investment in a diversified portfolio of securities as defined by a relevant world index, which meets Islamic investment principles as interpreted and laid down by its Shari’a Committee and provided to the Board of Directors. The Fund tracks the DJ Islamic Market Global Titans 100 Index which is Shari’a compliant.

iShares MSCI World Islamic ETF USD Dist

The ETF seeks to track the performance of an index composed of companies from developed countries and which comply with Shari’a investment principles. It tracks the performance of MSCI World Islamic Index.

iShares MSCI USA Islamic ETF USD Dist

The ETF seeks to track the performance of an index composed of companies from the United States of America and which comply with Shari’a investment principles. It tracks the performance of MSCI USA Islamic Index.

iShares MSCI EM Islamic ETF USD Dist

The ETF seeks to track the performance of an index composed of companies from emerging markets countries and which comply with Shari’a investment principles. It tracks the performance of MSCI Emerging Markets (EM) Islamic Index.

Old Mutual Global Islamic Equity Fund

The fund offers investors exposure to a broad spectrum of Developed Market shares. The Fund is a Shari’a Compliant managed fund and aims to provide investors with a valuable source of alternative alpha, along with a low correlation to other equity strategies.

Fund Tracker


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The information contained on this website does not purport to contain all matters relevant to any particular investment or financial instrument and all statements as to future matters are not guaranteed to be accurate. Certain matters in this publication on the website are about the future performance of Emirates Islamic or members of its group (the Group), including without limitation, future revenues, earnings, strategies, prospects and all other statements that are not purely historical, constitute “forward-looking statements”. Such forward-looking statements are based on current expectations or beliefs, as well as assumptions about future events, made from information currently available. Forward-looking statements often use words such as “anticipate”, “target”, “expect”, “estimate”, “intend”, “plan”, “goal”, “seek”, “believe”, “will”, “may”, “should”, “would”, “could” or other words of similar meaning. Undue reliance should not be placed on any such statements in making an investment decision, as forward-looking statements, by their nature, are subject to known and unknown risks and uncertainties that could cause actual results, as well as the Group’s plans and objectives, to differ materially from those expressed or implied in the forward-looking statements. Past performance is not necessarily a guide to future performance. Estimates of future performance are based on assumptions that may not be realized.Solicitation:

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Also, all funds in the “EI Focus List” are approved by the Securities and Commodities Authority (SCA) for promotion within the UAE by the Bank, this shall not be deemed a recommendation to purchase or invest in any funds in EI Focus List, and SCA shall not be held liable for the failure of any other party concerned with any fund to fulfil their obligations and duties, or for the accuracy and integrity of the details concerned in the respective fund prospectus and such responsibility shall be held by the parties whose names are indicated in the fund prospectus according to the roles and functions of each party.Third Party Website:

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In addition, before entering into any transaction, the risks should be fully understood and a determination made as to whether a transaction is appropriate given the person’s investment objectives, financial and operational resources, experiences and other relevant circumstances. The obligations relating to a particular transaction (and contractual relationship) including, without limitation, the nature and extent of their exposure to risk should be known as well as any regulatory requirements and restrictions applicable thereto. Data included on this website may rely on models that do not reflect or take into account all potentially significant factors such as market risk, liquidity risk, credit risk and Shari’a risk. Emirates Islamic may use different models, make valuation adjustments, or use different methodologies when determining prices at which Emirates Islamic is willing to trade financial instruments and/or when valuing its own inventory positions for its books and records.

Investment in financial instruments involves risks and returns may vary. Before making such an investment, investors should consult their advisers on the legal, regulatory, Shari’a, tax, business, investment, financial and accounting implications of the investment.

Emirates Islamic is only a distributor of the Funds, the funds are managed by the respective asset managers. Investors should make their own investigation into the Shari’a compliance of any fund they wish to invest in. No reliance should be on the Bank or any declarations, fatwa, opinion, or other documents prepared by, on behalf or at the request of the Bank for the purposes of a determination or confirmation that the fund(s) is Shari’a compliant. Internal Shari’a supervision committee of funds issuing entity holds the responsibility of ensuring conformity of the funds with Shari’a.

Foreign exchange risk (also known as FX risk, exchange rate risk or currency risk) is a financial risk that exists when a financial transaction is denominated in a currency other than that of the base currency of the investment. Investments in to any financial products are subject to Foreign Exchange Risk.Intellectual property:

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Kindly refer to the fund prospectus/offer document, KIID and any other related documents of the relevant fund share class(s) carefully prior making any investment decision, these documents are available on EI fund search engine and will have details about the below mentioned points and other important information;

  • The type and place of issue of funds, currency of the fund and all related information
  • Whether funds are listed or not, and a list of the markets where they are listed
  • Mechanism of dividends/income distribution and redemption as well as maturity dates, as applicable
  • Various investment risks associated with the fund
  • Fund’s Shari’a Supervision Committee(s) or Shari’a Committee whose function is to ensure conformity of the financial products with Shari’a

Also, for information regarding the fund’s suitability (regular or qualified), minimum subscription amount and restrictions, if any, please contact your EI relationship manager and/or investment advisor.