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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Emirates Islamic uses reasonable efforts to obtain information from sources which it believes to be reliable, however Emirates Islamic makes no representation that the information or opinions contained in publications on this website are accurate, reliable or complete. Published information may include data/information from stock exchanges and other sources from around the world and Emirates Islamic does not guarantee the sequence, accuracy, completeness, or timeliness of information contained on this website provided thereto by unaffiliated third parties. Anyone proposing to rely on or use the information contained on this website should independently verify and check the accuracy, completeness, reliability and suitability of the information and should obtain independent and specific advice from appropriate professionals or experts. Further, references to any financial instrument or investment product are not intended to imply that an actual trading market exists for such instrument or product. Emirates Islamic is not acting in the capacity of a fiduciary or financial advisor. Any publications on this website are provided for informational purposes only and are not intended for trading purposes. Data/information provided herein is intended to serve for illustrative purposes and is not designed to initiate or conclude any transaction. The information available on this website is not intended for use by, or distribution to, any person or entity in any jurisdiction or country where such use or distribution would be contrary to law or regulation. This website and anything contained herein, is provided “as is” and “as available,” and that Emirates Islamic makes no warranty of any kind, express or implied, as to this website, including, but not limited to, merchantability, non-infringement, title, or fitness for a particular purpose or use.Modifications:

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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:

None of the information on this website in any way constitutes a solicitation, offer, opinion, or recommendation by Emirates Islamic to buy or sell any security, or to provide legal, tax, accounting, or investment advice or services regarding the profitability or suitability of any security or investment.

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:

Users may be aware that Emirates Islamic has no control whatsoever over third-party websites linked to or from this website and therefore accepts no liability for the content of such websites being correct, complete and legally valid for the products and services offered on such websites. Emirates Islamic expresses written permission must always be sought before including a link to this website on a third-party website.Risk:

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.

Disclaimer:
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:

The information on this website has been developed, compiled, prepared, revised, selected, and arranged by Emirates Islamic and others (including certain other information sources) through the application of methods and standards of judgment developed and applied through the expenditure of substantial time, effort, and money and constitutes valuable intellectual property of Emirates Islamic and all present and future rights in and to trade secrets, patents, copyrights, trademarks, service marks, know-how, and other proprietary rights of any type under the laws of any governmental authority, domestic or foreign, shall at all times be and remain the sole and exclusive property of Emirates Islamic and/or other lawful parties and you acknowledge that you have no ownership rights in and to any of such items. Except as specifically permitted in writing, the information provided in this website shall not be copied or make any use of any information on this website or any portion of the intellectual property rights connected with this website, or the names of any individual participant in, or contributor to, the content of this website, or any variations or derivatives thereof, for any purpose. Further you shall not use any of the trademarks, trade names, service marks, copyrights, or logos of Emirates Islamic or its subsidiaries in any manner which creates the impression that such items belong to or are associated with you or, except as otherwise provided with Emirates Islamic’ s prior written consent.Confidentiality:

The information on this website solely for non-commercial use and benefit and the use of this information is not intended for resale or other transfer or disposition to, or use by or for the benefit of, any other person or entity. Information contained in this website shall not be used, transferred, distributed, reproduced, published, displayed, modified, create derivative works from any data contained on this website or disposed of in any manner that could compete with the business interests of Emirates Islamic. Any part of this website may not be offered for sale or distribute it over any medium including but not limited to over-the-air television or radio broadcast, a computer network or hyperlink framing on the internet without the prior written consent of Emirates Islamic. The information contained on this website may not be used to construct a database of any kind. The data on this website shall not be used in any way to improve the quality of any data sold or contributed by you to any third party.Recipient Acknowledgements

In accessing this website, you acknowledge and agree that there are risks associated with investment activities. Moreover, you agree that your use of this publication is at your sole risk and acknowledge that the responsibility to obtain and carefully read and understand the content of documents relating to any investment activity described on this website and to seek separate, independent financial advice if required to assess whether a particular investment activity described herein is suitable, lies exclusively with you.

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.