MENA Asset Management Survey 2012 - National Bank of Abu Dhabi

Sharia Compliant Funds
Top 10 MENA Sharia Compliant Equity Funds by Assets
(millions of U.S. dollars, June 2012)
Rank Fund Name Type Sponsor AuM
1 HSBC Amanah Saudi Equity Equity HSBC Saudi Arabia 731
2 Al Raed Saudi Equity Fund Equity Samba Cap & Invest 548
3 Riyad Equity Fund 2 Equity Riyad Capital CJSC 494
4 AlAhli Saudi Trading Equity Equity NCB Capital 423
5 AlAhli Global Trading Equity Equity NCB Capital 259
6 Asayel Fund Equity Al Bilad Investment Co 189
7 Al Rajhi Local Shares Fund Equity Al Rajhi Capital 157
8 Al Safwa Investment Fund Equity National Investments 136
9 Al Durra Islamic Fund Equity Global Investment House 133
10 Al Saffa Saudi Equity Trading Equity Saudi Fransi Capital 103
Source: Lipper Rankings, Lipper, a Thomson Reuters company
Top MENA Sukuk Funds by Assets
(millions of U.S. dollars, June 2012)
Rank Fund Name Type Sponsor AuM
1 Global Sukuk Plus Fund Sukuk QIB (UK) 213
2 BLME Umbrella Fund Sukuk Bank of London ME 67
3 HSBC Amanah Sukuk Fund Sukuk HSBC Saudi Arabia Ltd 58
4 Emirates Global Sukuk Fund Sukuk Emirates NBD AM 53
5 Al Ahli USD Sukuk & Murabaha Sukuk NCB Capital 47
6 Mashreq Al Islami Income Sukuk Mashreq Capital 38
7 BNP Paribas Hilal Income Sukuk BNP Paribas Inv. Part 23
8 Al Hilal Global Sukuk Fund Sukuk Al Hilal Bank 22
9 Jadwa Global Sukuk Fund Sukuk Jadwa Investment 18
Source: Lipper Rankings, Lipper, a Thomson Reuters company
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