MENA Asset Management Survey 2012 - National Bank of Abu Dhabi

Sharia Compliant Funds
Top 5 Sharia Compliant Mutual Funds in the World by Assets
(millions of U.S. dollars, June 2012)
Rank Fund Name Type* Domicile AuM
1 Al Ahli Saudi Riyal Trade Money Market S Arabia 3,464
2 International Trade Finance Fund Money Market S Arabia 2,539
3 Amana Growth Fund Equity USA 2,242
4 Al Rajhi Capital SAR Commodity Money Market S Arabia 2,102
5 Al Ahli Diversified Saudi Riyal Trade Money Market S Arabia 1,647
Source: Lipper Rankings, Lipper, a Thomson Reuters company *Category
titles are kept consistent with conventional funds and may not reflect the exact
terminology used by individual fund management firms.
Top 5 sharia compliant fund rankings by assets is largely the same as in 2011. The only
change is that the international Trade Finance Fund from Saudi Arabia has moved to
second position and the Amana Growth Fund slipped one notch. Amana Growth Fund is
still the largest sharia compliant equity fund. The top spot is still held by Al Ahli Saudi
Riyal Trade Fund. All of the funds in the top 5 list have higher assets than at end-2011.
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