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MENA Asset Management Survey 2012 - National Bank of Abu Dhabi

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Sharia Compliant Funds<br />

Top <strong>MENA</strong> Sharia Compliant Money Market Funds by <strong>Asset</strong>s<br />

(millions <strong>of</strong> U.S. dollars, June <strong>2012</strong>)<br />

Rank Fund Name Type Sponsor AuM<br />

1 AlAhli Saudi Riyal Trade Fund Money Market NCB Capital 3,464<br />

2 SAR Int’l Trade Finance Trade Finance Samba Cap &Invest 2,539<br />

3 Al Rajhi Capital SAR Commodity Money Market Al Rajhi Capital 2,102<br />

4 AlAhli Diversified SAR Trade Trade Finance NCB Capital 1,647<br />

5 HSBC Amanah SAR Trading Trade Finance HSBC Saudi Arabia 569<br />

6 Commodity Trading Fund SAR Trade Finance Riyad Capital 479<br />

7 Al Mubarak SAR Trade Fund Trade Finance ANB Invest 420<br />

8 Al Dar Money Market Fund Money Market Al Dar <strong>Asset</strong> Man. 230<br />

9 Al Badr Murabaha Fund SAR Trade Finance Saudi Fransi Capital 225<br />

10 AlAhli International Trade Fund Money Market NCB Capital 199<br />

Source: Lipper Rankings, Lipper, a Thomson Reuters company<br />

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