Thahabi Personal Banking Officers - National Bank of Kuwait

ThahaBI nEWS 

NBK launches World MasterCard exclusively for Thahabi Customers 

National Bank of Kuwait has launched the first ‘World MasterCard’ card in Kuwait and is available 

exclusively to NBK Thahabi account holders. The World MasterCard card is specially designed and offers 

unmatched convenience and benefits that befit the status and lifestyle of Thahabi members, including: 

• Concierge service: provides assistance with an array of services including travel bookings, restaurant 

reservations, airport pickup and drop-off, car registration & servicing assistance, traffic fine payment & 

school fee payment assistance, courier service, delivery of air tickets & cinema tickets and information about 

special offers, promotions and other events. 

• Free Travel Insurance: When air tickets are purchased with the World MasterCard card, free travel 

insurance coverage for up to US$ 500,000 is offered. The travel inconvenience cover includes, flight delays or 

cancellations, delayed or lost luggage, emergency medical services, third-party legal liability, and accidental 

death. 

• Free valet parking at several locations in Kuwait, such as Marina Mall, Al-Raya Complex, Dar Al-Awadhi, 

Starbucks Kaifan, Slider Station, Divas Restaurant etc. 

• Access to over 100 international airport lounges through the Diners Club card issued free of charge as 

a companion card to the World MasterCard. Participating VIP lounges include at most global airports, like 

London, Amsterdam, Madrid, Moscow, Dubai, Kuwait and others. 

• Instant discounts at premium partner outlets in Kuwait and worldwide, including retail, dining, travel, 

wellness and leisure. 

• 24 hour emergency services in over 80 countries world wide in the event that your credit card gets lost 

or stolen. 

• 24 hour customer help line through the Hala Thahabi on 1801801. 

Thahabi holds a seminar for the customers of its Dhahyat Abdullah Al-Salem District Branch 

With a view to maintain continual contact with its prominent Thahabi clients, the Thahabi Management 

Team recently invited the customers of NBK’s Dhahyat Abdullah Al-Salem District Branch to attend a seminar 

on the occasion of launching the new World MasterCard credit card, in order to demonstrate the benefits and 

services associated with this prestigious card. 

In addition, Boodai Aviation Group presented a remarkable set of discounts and travel promotions offered 

exclusively to Thahabi clients. A draw was conducted to win a prize: a ticket and stay for two days in 

Cyprus. 

The Thahabi Management Team will continue to hold similar events and seminars this year for all its Thahabi 

clients at NBK’s various branches. These events are designed to ensure all Thahabi Clients are aware of the 

latest privileges and offers, available to them as a Thahabi account holders. 

NBK replaces its old ATM cards 

NBK has replaced the existing ATM cards of the Thahabi account holders, with a new distinguished-looking 

and highly elegant cards that have smart chips designed to maximize security and assurance to the card 

holder. 

It’s worth mentioning that the Thahabi account ATM card allows cash withdrawals of up to KD 2000 per day, 

with the possibility of raising this limit to KD 5000 per day upon request. The Thahabi account holder can use 

his card as an instant payment card to pay for purchases and other needs at more than 25 million commercial 

outlets worldwide, including Kuwait. 

In addition, the card holder can draw cash at any Watani ATM machine in any part of Kuwait, without paying 

any fees. Indeed, cash withdrawals may also be made through the ATM’s of other banks holding the brand 

names GCC NET PLUS, K-NET and VISA, for a small fee. 

Updating Thahabi Clients Profile 

The Thahabi Management team is currently updating all Thahabi client contact & profile information. This 

will allow NBK’s Thahabi Management Team to ensure all Thahabi account holder are aware of the latest 

services, products and special offers. 

Thahabi Personal Banking Officers 

Branch PBO 

Ahmad Al Jaber MAYA GHANDOUR 22593849 

Ahmadi FARAJ NASSER AL-OBIDI 22246786 

Ahmadi GEORGE FRANCIS 22593742 

Ahmadi HORIYA A/RAZZAQ HAIDAR AHMED 22246785 

Al Andalus RAKAN AL AJMI 22246825 

Al Othman BASHAR AL MEFAREH 22593940 

Al Qurain MOHAMMED JAMAL AL-MUTAWA 22246860 

Al Rawdah AMINA SALMAN AL-FARAJ 22593798 

Al Sour GHANEM NASSER IBRAHIM AL GHANEM 22246781 

Al Watya JUMANA SHATTI 22593888 

Ardiya THAMER AL SANEI 22593843 

Bayan LATIFAH AL DUWAISH 22246822 

Cinema Al Salmiya DUGHAISHEM AL DUGHAISHEM 22246714 

Cinema Al Salmiya LINA KHALIL 22246713 

Dahyet Abdulla Salem EMAN AL-SIJARI 22593751 

Dahyet Abdulla Salem ZAHER GHRAIZI 22593749 

Daiyah YOUSEF BUFTAIN 22246755 

Dasma HAITHAM SHAMRA 22593929 

Dasma HIND FAISAL AL- MOHAMMAD 22593930 

Doha SOHA MOHAMMED KHALAF SABTI 22246829 

Fahd Salem IBTESAM AL SARHAN 22246773 

Fahd Salem GHADEER AL HUMOUD 22246774 

Fahaheel Al Sahely BACHIR ELYAS EL ALAM 22593738 

Fahaheel Al Sahely MOHAMMED QASSIM REDHA 22593737 

Fahaheel Al Sahely MESHAEL IBRAHIM AL-AWADHI 22593736 

Faiha NEJOUD HASHIM AL - GHARABALLY 22246725 

Faiha SHIREEN SAID BOQTOSH 22246728 

Farwaniya MAMDOUH RAJA EL NABULSI 22246805 

Fintas ABDUL RAZZAK MIRZA MOHAMED 22593714 

Ghazali MOHAMED ABUL TAWAB 22246801 

Hawalli RABIH MOUHAMAD HASSAN BITAR 22246698 

Hawalli WAFA SHAHIN 22246697 

Head Office MOHAMMAD ALI AL-BUDAIWI 22592250 

Head Office MONA AL REFAI 22592267 

Head Office SAMAR OSSAMA AL NAQEEB 22592097 

Head Office SARA AL DOUKHI 22592348 

Head Office ALI BADER ALI AL ZANKAWI 22593348 

Head Office AMEER ABBAS ALI DASHTI 22592317 

Head Office CHRISTINA DAOUD TATOYAN 22592179 

Ibriq Kheitan SULTAN AL MAHBOUB 22246809 

Jabriyah KHOLOUD ABDULLATIF AL YAQOUT 22593910 

Jabriyah KHALED AL SHETWI 22593913 

Jabriyah REEM QANSOUR 22246767 

Jabriyah JOSEPH SAAD 22246768 

Jahra ANWAR AL NAJDI 22593919 

Jahra OTHMAN AL SHIMMIRI 22593918 

Jleeb Al Shuyoukh ABDULLAH AL-HABEEB 22593702 

Kaifan GIZEL JAMIL MATAR 22593806

Thahabi Personal Banking Officers 

Branch PBO 

Kaifan HANADI AL MAWWASH 22593804 

Kaifan RASHID KANAAN 22593805 

Mishref HAMAD HAJI 22246789 

Mishref EHSAN AMAN 22246790 

Nuzha HAMAD ABDULHADI AL-FADHALA 22593891 

Nuzha SARAH AHMAD ABDULLAH DASHTI 22593892 

PIFSS NAFE’A ABDULAZIZ AL-YASEEN 22246778 

Qadsiya FATIMA AL SARRAF 22246842 

Qadsiya KHALED KAMAL EL DIN ROUSHDY 22246843 

Qurtoba FAWZIAH HASSAN AL-MATROUK 22246813 

Ras Salmiya ANTONIO MAKDASI 22593782 

Ras Salmiya HALA AL SHAAR 22593784 

Riqqa MOHAMED TAREQ AL QADERI 22246846 

Riqqa AMNA ABDULLA ARSHA 22246845 

Rumaithya AHMAD ISMAIL REDA 22246691 

Sabah Al Nasser MUBARAK AL-HARBI 22593770 

Sabah Al Salem SALEH AL HARBI 22246833 

Sabahiya MUBARAK ABDULGHANI AL-KAHTANI 22246849 

Salmiya NANCY EL MANAUFY 22593745 

Salmiya SALWA MAHMOUD GHANDOUR 22593744 

Shamiya GHAZI FAISAL ABDULLA AL-MUDHAF 22593818 

Shamiya LARA MOUBADA BAHOU 22593820 

Shamiya MOHAMMED AL RUSHAID 22593817 

Sharq ENAS EDWARD 22593813 

Shuwaikh SOUAD TAHSEEN AL NAJDI 22246797 

South Surra SANA’A SHAKER AL-AWADHI 22246718 

Surra AMAL SALEM FARHAN AL-SALEM 22593763 

Transport Center WASEEM ASSAF 22593708 

Yarmouk ANWAR AL-HUMAIDI 22246817 

Thahabi Premium Lounges are available at: 

1. Dahiyat Abdulla Salem 13. Sura 

2. Cinema Salmiya 14. Sabah Al-Nasser 

3. hawalli 15. Rawda 

4. Ras Salmiya 16. South Surra 

5. Salmiya 17. Meshrif 

6. Rumaithiya 18. Fahad Al Salem 

7. Shuwaikh Medical 19. Shuwaikh 

8. Ahmadi 20. Jleeb Al Shyoukh 

9. Faiha 21. Jahra Commercial 

10. Shamiya 22. Ghazali 

11. Transport Center 23. Farwaniya 

12. Fahaheel Al Sahily 24. Kaifan 

NBK (International) PLC 

13 George Street 

London, W1U 3QJ, UK 

Tel: +44 20 7224 2277 

Fax: +44 20 7224 2101 

Email: info@nbki.com 

Portman Square Branch 

7 Portman Square 

W1H 6NA, London UK 

UKTel: +44 20 7224 2277 

Fax: +44 20 7486 3877 

Paris Branch 

90 avenue des Champs-Elysees 

Paris 75008, France 

Tel: +33 1 56 59 86 00 

Fax: +33 1 56 59 86 23 

Email: nbkparis@wanadoo.fr 

NBK Investment Management Limited 

13 George Street 

London, W1U 3QJ, UK 

Tel: +44 20 7224 2288 

Fax: +44 20 7224 2102 

NBK SAK (New York) 

299 Park Avenue, 17th Floor, New York 

NY 10171, USA 

Tel: (+1212) 303 9800 

Fax: (+1212) 319 8269 

Email: nbkusa@nbkny.com 

NBK SAK (Bahrain) 

Seef Tower, Al-Seef District 

P.O.Box 5290, Manama 

Tel: (+973) 1758 3333 

Fax: (+973) 1758 7111 

Email: nbkbah@nbk.com 

NBK SAK (Amman) 

ٍShareif Abdul Hamid Sharaf Street 

Shmeisani - Amman 

P.O.Box 941297 Amman 

Code 11194, Jordan 

Tel: (+9626) 560 8800 

Fax: (+9626) 560 8811 

nBK SaK Shanghai 

Representative office 

Suite 1003, 10th Floor, Azia Center 

1233 Lujiazui Ring Road, 

Shangai 200120 

People’s Republic of China 

Tel: (+86-21) 6888 1092 

Fax:(+86-21) 5047 1011 

Email: joelyong@nbksh.com.cn 

NBK SAK (Singapore) 

9 Raffles Place #51-01/02 

Republic Plaza 

Singapore 048619 

Tel: (+65) 6222 5348 

Fax: (+65) 6224 5438 

Email: nbk_general@nbksg.com.sg 

NBK International Branches 

NBK SAK (Vietnam) 

Representative Office 

Room 2006, Sun Wah Tower 

115 Nguyen Hue Boulevard, District 1 

Ho Chi Minh City 

Tel: (+848) 3827 8008 

Fax: (+848) 3827 8009 

Email: xuannguyen-nbk@hcm.vnn.vn 

NBK (Lebanon) SAL 

BAC Building, Justinian Street 

Sanayeh, P.O.Box 11-5727 

Riad El Solh 1107 2200 

Beirut, Lebanon 

Tel: (+9611) 759700 / 

Fax: (+9611) 759715 

Email: info@nbk.com.lb 

Website: www.nbk.com.lb 

International Bank of Qatar (QSC) 

(Associated Company) 

Suhaim Bin Hamad Street, Doha 

P.O.Box 2001 

Tel: (+974) 447 3700 

Fax: (+974) 447 3710 

NBK SAK Jeddah 

Al-Andalus Street, Red Sea Plaza 

P.O.Box 15385, Jeddah 21444 

Kingdom Of Saudi Arabia 

Tel: ( +966) 2 653 8600 

Fax: (+966) 2 653 8653 

Credit Bank of Iraq 

Street 9, Building 187, Sadoon Street, 

District 102, P.O.Box 3420 

Tel: (+964) 1 718 2198/ 719 1944 

718 8406/ 717 1673 

Fax: (+964) 1 717 0156 

Alwatany Bank of Egypt 

13 Al Themar Street, 

Gameat Al Dowal AlArabia 

Fouad Mohie El Din Square 

Mohandessin, Giza 

Tel: +202 333 888 16-17 

Fax: +202 333 79302 

NBK SAK - Dubai 

Sheikh Rashed Road, Port Saeed 

Acico Business Park 

P.O.Box 88867 

Dubai – UAE 

Tel:+ 971 4 2929 222 

Fax:+ 971 4 294 3337 

Turkish Bank 

Valikonagi Caddesi No1, 

34371 Nisantasi / Istanbul 

Tel: 00 90 212 373 63 73 

00 90 212 225 03 30 

Fax: 00 90 212 225 03 53 

00 90 212 225 03 55

naV 

PERFORMANCE 

Cumulative Return 

Since Inception 

Annualized Return Since 

Inception 

YTD Return 

1 Month Return 



1 Year Return 

FUND OBJECTIVE 

INVESTMENT FEATURES 

WATANI KD 

MONEY MARKET FUND 

30.78% 

4.16% 

5.18% 

0.36% 

1.22% 

2.39% 

5.18% 

KD 1.30776 

As of 30 Dec 2008 

The Fund seeks to generate 

returns that are in excess of the 

Kuwaiti Dinar Fixed Deposit 

rate by investing in high-quality 

money market instruments such 

as government treasury bills 

and bonds, corporate bonds, 

commercial paper, fixed deposits 

and certificate of deposits 

(including repurchase agreements) 

and other similar investments. 

•Potential returns higher than 

Fixed Deposits 

•Easy weekly access to your 

money 

•High-quality securities 

•Low risk investment 

WATANI USD 


22.99% 

3.34% 

3.47% 

0.22% 

0.79% 

1.53% 

3.47 

$ 1.22988 


The Fund seeks to generate 

returns that are in excess of the 

Fixed Deposit rates paid on US 

Dollar deposits. The Fund seeks 

to increase the Net Asset Value 

while achieving a high level of 

liquidity by investing in highquality 

money market and debt 

instruments while maintaining 

minimal risk. 



•Easy weekly access to your 

money 

•High-quality securities 

•Low risk investment 

WATANI KD 


(according to Islamic Sharia) 

10.12% 

5.21% 

4.76% 

0.33% 

1.15% 

2.23% 

4.76% 

KD 1.10115 


The investment objective of the 

Fund is to achieve a competitive 

return by investing in short 

and medium term, Shariah 

compliant instruments available 

in the financial market, such 

as murabaha transactions (cost 

plus financing) and Ijara. The 

Fund may also invest in other 

investment funds that have the 

same investment objective. All 

instruments in which the Fund 

invests must comply with Islamic 

Shariah as determined by the 

Fund Company’s Shariah Board. 

The Fund will seek to increase its 

Net Asset Value while achieving a 

high level of liquidity by investing 

in high-quality instruments. The 

Fund will be denominated in 

Kuwaiti Dinars. 

•Competitive returns 

•Weekly liquidity 

•High quality securities 

•Low-risk investment 

•Shariah compliant investment 

WATANI USD 


(according to Islamic Sharia) 

4.53% 

3.57% 

3.57% 

0.18% 

0.72% 

1.44% 

3.57% 

$ 1.04525 


The Watani USD Money Market 

Fund According to Islamic Shariah 

Principles is an open-ended fund, 

which aims to generate returns 

that are in excess of the USD 

Fixed Deposit rates. This will 

be achieved through investing 

in high-quality money market 

instruments such as murabaha 

transactions and Ijara according 

to Islamic Shariah priniciples. 



•Weekly liquidity 

•High quality securities 

•Low-risk investment 

•Shariah compliant investment 

THAHABI Ijara FUND I THAHABI Ijara FUND II THAHABI Ijara FUND III 

20.07% 

7.30% 

7.88% 

0.66% 

1.97% 

3.94% 

7.88% 

US $ 10.00 

As of Dec 2008 


Fund is to provide investors with 

reliable and attractive monthly 

returns by selectively investing 

in Ijara transactions that satisfy 

the requirements of the Islamic 

Shariah, and which are approved 

by the Shariah board. The Fund 

expects to repay principal at the 

end of the Fund term, and to 

provide “varying” yields. 

•Attractive flow of monthly 

income 

•A low-risk investment vehicle 

•Compliance with Shariah 

principles 

•Leasing transactions mainly with 

“Fortune 1000” companies 

•Risk controlled portfolio construction 

13.72% 

7.16% 

7.50% 

0.63% 

1.88% 

3.75% 

7.50% 

US $ 10.00 



Fund is to provide Investors with 


returns by participating in the 

WCYIF, which invests selectively 

in Ijara transactions that satisfy 


Shariah approved by the Shariah 

Board. As described above, the 

Fund expects to repay principal 

at the end of the Fund Term, and 

to provide “Changing” yields. 


income 

•A low risk investment vehicle 

•Islamic Shariah compliant 

investment 



•Risk controlled portfolio 

construction 

6.92% 

6.39% 

6.56% 

0.58% 

1.75% 

3.50% 

6.56% 

US $ 10.00 



Fund is to provide Investors with 


returns by investing in Ijara 

transaction in accordance to 

the Islamic Shariah principles 

through the Wafra Equipment 

Ijara Fund (Series: 1007). The 

Fund expects to repay principal 

at the end of the Fund Term, and 

to provide “varying” yield. 


income 



investment 




construction 

Fund Structure: Open-ended fund Fund Structure: Open-ended fund Fund Structure: Open-ended fund Fund Structure: Open-ended fund Fund Structure: Close-ended Fund Fund Structure: Close-ended Fund Fund Structure: Close-ended Fund 

Currency: Kuwaiti Dinar 

Currency: US Dollar 


Currency: September 23, 2007 Fund Term: 5 years (including a 6- Fund Term: 5-years (including a Fund Term: 5 years with 2 one year 

FUND FACTS 

Inception Date: June 3, 2002 

Inception Date: October 14, 2002 

Liquidity: Weekly 


Minimum Investment: USD25,000 

Minimum Investment: KD 25,000 with 

for Class “1A” shares with additional 

additional investments in multiples of 

investments in multiples of USD1,000 

KD 1,000 

USD10,000 for Class “1B” Shares with 

Sales Charge: None 

additional Investments in multiples of 

USD1,000 

Management Fee: Up to 0.75% per 

annum 

Subscription Fee: 

Class 1A: None 

Manager: NBK Global Asset 

Class 1B: A one-time fee up to 5.00% 

Management Company Limited 


Distributor: National Bank of Kuwait annum 

S.A.K 


Domicile of the Fund: Cayman Islands Management Company Limited 

Inception Date: January 31, 2007 




KD 1,000 

Subscription Fee: None 


annum 


Management Company Limited 

Local Shariah Board: Dr. Khaled 

Al Mathkoor, Dr. Essa Zaki and Dr. 

Abdulaziz Al Qassar 

Distributor: National Bank of Kuwait 

months investment period) 

Inception Date: 14 October 2002 

Offering Period: 12 March 2006 to 6 


April 2006 

Minimum Investment: USD25,000 on 

Subscription price: US$10.00 per unit 

additional Investments in multiples of 

USD1,000 

Minimum Investment: US$20,000 with 

multiples of US$1,000 thereafter 

Subscription Fee: None 

Investment Period: 6 months following 


the end of the offering period 

annum 

Distributions: Monthly 


Management Company Limited Subscription Fee: A one-time fee of 

3.00% upon subscription. 


S.A.K. 

Management Fee: 1.25% per annum 

Domicile of the Fund: Cayman Islands Fund Manager: Wafra Capital Partners 

L.P., Cayman Islands 

3-months investment period) 

Offering Period: January 14 January to 

8 February 2007 

Subscription Price: US$ 10 per unit 

Minimum Investment: US$3,000 with 

multiples of US$1,000 thereafter 


the end of the offering period 

Distributions: Monthly 

Subscription Fee: A one-time fee 

2.00% upon subscription 

Management Fee: 1.25% p.a. 

Fund Manager: Wafra Capital Partners 


extension 

Offering Period: November 18, 2007 

to December 6, 2007 

Subscription Price: US$10.00 per unit 

Minimum Investment: US$ 3000 with 

multiple of US$ 1,000 thereafter 


the end of offering period 

Distribution: Monthly 

Subscription Fee: A one-time fee of 





Distributor: National Bank of Kuwait S.A.K. 

S.A.K 

Domicile of the Fund: Cayman Islands 

Domicile of the Fund: Cayman Islands 

Shariah Advisor: A Shariah Board 

headed by Dr. Mohamed A. Elgari, 

Sheikh Yusuf Talal Delorenzo and 

Sheikh Nizam Yaquby. 










S.A.K. 


S.A.K. 


S.A.K. 

RISK LEVEL Low

naV 

PERFORMANCE 

Cumulative Return 

Since Inception 

Annualized Return Since 

Inception 

YTD Return 




1 Year Return 

FUND OBJECTIVE 

INVESTMENT FEATURES 

THAHABI Ijara FUND IV THAHABI Ijara FUND V 

3.58% 

4.77% 

n/a 

0.50% 

1.50% 

3.00% 

n/a 

US $ 10.00 


The investment objective of 

the Fund is to provide investors 

with reliable and attractive 

monthly returns by participating 

in the Wafra Equipment Ijara 

Fund (Series:1308) (“WEIF13”), 

which invests selectively in 

Ijara transactions that satisfy 


Shariah approved by the Shariah 

Board. The Fund expects to repay 

principal at the end of the Fund 

Term, and to provide “varying” 

yields. 


income 



investment 

•Leasing transactions mainly 

with “Fortune 1000” companies 


construction 

0.58% 

7.00% 

n/a 

0.58% 

n/a 

n/a 

n/a 

US $ 10.00 


The investment objective of 

the Fund is to provide Investors 

with reliable and attractive 

monthly returns by participation 

in the WEIF16, which invests 

selectively in Ijara transactions 

that satisfy the requirements of 

the Islamic Shariah and which 

are approved by the Shariah 

Board. As described above, the 

Fund expects to repay Principal 

at the end of the Fund Term. 

• Attractive flow of monthly 

income 



investment 

•Leasing transactions mainly 

with “Fortune 1000” companies 


construction 

THAHABI MULTI ASSET 

FUND 

( Conservative ) 

-20.68% 

n/a 

n/a 

0.62% 

-12.33% 

-21.97 

n/a 

US$ 79.32 


The objective of the Fund is to 

achieve medium to long term 

growth by investing across 

multiple asset classes. The 

Portfolio currently provides 

exposure to eight asset classes. 

Variable correlation between 

asset classes generate high riskadjusted 

returns. The Portfolio 

is not leveraged and targets 

approximately 50% of the 

risk generally associated with 

investing in equities. 

•Exposure to eight globally 

diversified asset classes 

•Includes traditional and 

alternative asset classes 

•Very low cost index investing 

•Disciplined strategic asset 

allocation portfolio rebalancing 

•The investment is direct or 

through the investments saving 

plan program 

THAHABI MULTI ASSET 

FUND 

( Moderate ) 

-40.11% 

n/a 

n/a 

1.22% 

-24.95% 

-41.50 

n/a 

US$ 59.89 



achieve medium to long term 

growth by investing across 

multiple asset classes. The 

Portfolio currently provides 

exposure to eight asset classes. 

Variable correlation between 

asset classes generate high risk 

adjusted returns. The Portfolio 

is 100% leveraged and targets 

approximately 75% of the 

risk generally associated with 

investing in equities. 

•Exposure to eight globally 

diversified asset classes 

•Includes traditional and 

alternative asset classes 

•Very low cost index investing 

•Disciplined strategic asset 

allocation portfolio rebalancing 

ISLAMIC GLOBAL REAL 

ESTATE SECURITIES FUND 

( Class B ) 

-39.35% 

n/a 

n/a 

5.34% 

-23.57 

n/a 

n/a 

US $ 606.4 

As of 31 Oct 2008 


provide its shareholders with 

long-term growth by investing in 

a diversified portfolio of global 

real estate securities. The Class B 

Portfolio of the Fund will invest 

substantially all of its assets in 

the Class B Portfolio of the Wafra- 

Pramerica Fund. Additionally, 

all of the investments of the 

portfolio will be in compliance 

with Islamic Shariah Criteria and 

such other guidelines as may be 

established from time to time by 

the Shariah Supervisory Board. 

The Class B portfolio will not 

utilize any leverage. 

•Shariah compliance investment 

•Monthly liquidity 

•Diversified portfolio of REITs 

and other real estate securities. 

NBK KUWAIT EQUITY 

FUND 

-38.22% 

-27.06% 

-36.39% 

0.10% 

-25.85% 

-38.86% 

-39.39% 

US$ 0.61785 


The Fund will seek long-term 

capital appreciation by investing 

primarily in Kuwaiti domiciled 

listed equities. From time-totime, 

and not ordinarily exceeding 

20% of the NAV of the Fund, 

the investment manager may 

choose to invest in non-Kuwaiti 

stocks that are deemed to have 

significant exposure to the Kuwaiti 

economy. To help measure 

the success of the Fund, its 

performance will be measured 

against the MSCI Kuwait Index. 

•Easy access to your money on a 

weekly basis 

•Investing in equities with strong 

fundamentals and good long-term 

prospectus 

•Measure Fund performance against 

MSCI Kuwait Index 

NBK GULF EQUITY FUND 

-2.76% 

-0.78% 

-34.73% 

0.27% 

-17.95% 

-34.43% 

-34.73% 

US$ 0.97243 


The Fund seeks long-term capital 

appreciation by investing primarily 

in the equity markets of the 

GCC countries (Bahrain, Kuwait, 

Oman, Qatar, Saudi Arabia, and 

UAE). Optimization of longterm 

returns is achieved through 

dynamic asset allocation, which 

allows significant overweight 

and underweight positions to 

be taken among GCC countries. 

Moreover, the Investment Manager 

can build cash positions up 

to 50% of the Fund’s net asset 

value and can allocate up to 15% 

to other Middle East and North 

Africa (MENA) markets. 

•Competitive rates of return over 

the long-term 

•Easy access to your money with 

liquid investments 

•Professional Management 

Legal Structure: Close-ended Fund Legal Structure: Close-ended Fund Fund Structure: Open-Ended Fund Fund Structure: Open-Ended Fund Fund Structure: Open-Ended Fund Fund Structure: Open-Ended Fund Fund Structure: Open-Ended Fund 

Fund Term: 5 years with 2 one year Fund Term: 5 years with 2 one year Currency: US Dollar 




Currency: US Dollars 

extension 

extension. 

Subscription Price: US$ 100 per share Subscription Price: US$ 100 per share Subscription Fee: up to 2.5% 

Inception Date: June 23,2007 

Inception Date: June 1,2005 

Offering Period: March 9, 2008 to 

March 27, 2008. 

Offering Period: November 2, 2008 to 

November 30, 2008. 

Liquidity: Monthly 





Subscription Price: US$ 10.00 per unit Subscription Price: US$ 10.00 per unit 

Minimum Investment: US$ 20,000 

with multiples of US$ 1,000 


with multiples of US$ 1,000 


with multiples of US 1,000 



Minimum Investment: USD 25,000 

with additional investments in 

FUND FACTS 


multiple of US 1,000 thereafter 


the end of offering period 



multiple of US 1,000 thereafter. 


the end of offering period. 



up to 2.5% 

Minimum Investment in the Savings 

Plan: US$ 20,000 with multiples of 

US$ 1,000 


up to 2.5% 

Minimum Investment in the Savings 

Plan: US$ 500 with multiples of US$ 

100 

Management Fee: 1.45% per annum. 


LP 


S.A.K 

KD 1,000. 

Subscription Fee: A one-time fee of up 

to 2.00% 

Management Fee: 1.50% per annum. 

Manager: Watani Investment Company 

multiples of USD 1,000. 

Subscription Fee: A one-time fee of up 

to 2.00% 

Management Fee: up to 1.50% per 

annum 











Platform Fund Manager: Frontier 

Capital Management (Jersey) Ltd. 


S.A.K 

Platform Fund Manager: Frontier 

Capital Management (Jersey) Ltd. 


S.A.K 

REDEMPTION FEES: 

1.0% < 1year 

0.8% - 1-2 years 

0.6% - 2-3 years 

K.S.C. 

Initial Offering Price: KD1 per unit 

Manager: Watani Investment Company 

K.S.C. 

Shariah Advisor: A Shariah Board Shariah Advisor: A Shariah Board 

0.4% - 3-4 years 







0.2% - 4-5 years 

0% > thereafter 

Distributor: National Bank of Kuwait Distributor: National Bank of Kuwait 

S.A.K. 

S.A.K. 

RISK LEVEL high

Hamad Abdulla Al-Fares Jewellery 

The prestigious Hamad Abdulla AL-Fares Jewellery galleries is pleased to offer an exclusive rate of 

30% discount for NBK’s Thahabi customers on all their new and existing items. Just present your 

branded Thahabi ATM card to enjoy these splendors in and outside of Kuwait. 

Payment can be made with the Thahabi ATM and/or Credit Cards 

Customers can also exercise this offer in sale periods if the discount is under 30%. If over 30%, the 

higher discount would be applied 

Offer does not include items under the following brands: ELINI, PHILIPPE VANDIER, PARIS HILTON, 

TECHNOCART, CINSUL, CATAMARAN, PARIS. 

You can visit our Kuwait galleries at: 

- Mubarakiya Branch 

- Shuwaik Branch 

- Avenues Branch 

The offer also includes our international galleries available at: 

Riyadh Branch 

Al Rosais Comm. Complex, Al Olaya Main Street 

Riyadh. Saudi Arabia 

Tel : 009661 4603136 

Fax: 009661 4602779. 

Dubai Branch Office 

The Gold Centre, 

F-124, Fifth Floor, 

Pb- 40360, Dubai. 

Tel: 0097142267027 

Fax: 0097142266142 

Dubai Showroom 

Zaina Jewellery 

Burjuman Centre 

Dubai. 

Tel: 009714 3516786 

Fax: 009714 3519997 

JEWELLERY 

The Palms Beach Hotel and Spa 

HEALTH, FITNESS & LEISURE 

Enjoy exclusive benefits from The Palms Beach Hotel & Spa that you as a Thahabi customer are entitled 

to. The Palms Beach Hotel & Spa offers a wide range of services and facilities compromising Hotel Rooms 

& Suites, Health Club “Kuwait Premiere Club”, a Meeting and Conference Center as well as several Food 

and Beverage outlets; Pool Bar Lounge and International Restaurants. 

• 15% discount on Meeting and Conference facilities including weddings, seminars and private or 

public functions. 

• 10% discount on hotel rooms (suites) corporate rates for a single & double on weekends (Thursdays, Fri 

days and Saturdays - Families) 

• 10% discount on Palmerie “Open buffet Restaurant”, Al Muhallab “Traditional Seafood Restaurant” and 

Tagine “Moroccan Restaurant”. 

• 10% discount on the Orchid Spa, specialized spa for Body and facial treatments. 

• 10% discount on the Dive Center. 

In addition to the above, you will avail the following benefits and discounts once you join The Palms Beach 

Club with a one year membership: 

• 10% discount on all type of Annual Memberships 

• A free Night stay with an early check-in and late check-out 

• A special rate of KD 45 for an additional night 

• KD 20 credit at the Pool Bar and Palmerie restaurant 

• 4 guest vouchers per annum 

• 2 personal training sessions 

• 2 Swedish massages at the Orchid Spa 

• 20% discount on Orchid Spa massages 

To benefit from the above, kindly present your Thahabi ATM card when you sign-up for a membership. 

Payment has to be made either with Thahabi ATM card or with NBK credit cards. 

For more information, please visit The Palms Beach Hotel and Spa, call them on 1824060 or log onto their websites: 

The Palms Beach Hotel & Spa: www.thepalms.com.kw 

Beach Club: www.palmsbeachclub.com

Hamad Abdulla Al-Fares Jewellery 

The prestigious Hamad Abdulla AL-Fares Jewellery galleries is pleased to offer an exclusive rate of 

30% discount for NBK’s Thahabi customers on all their new and existing items. Just present your 

branded Thahabi ATM card to enjoy these splendors in and outside of Kuwait. 

Payment can be made with the Thahabi ATM and/or Credit Cards 

Customers can also exercise this offer in sale periods if the discount is under 30%. If over 30%, the 

higher discount would be applied 

Offer does not include items under the following brands: ELINI, PHILIPPE VANDIER, PARIS HILTON, 

TECHNOCART, CINSUL, CATAMARAN, PARIS. 

You can visit our Kuwait galleries at: 

- Mubarakiya Branch 

- Shuwaik Branch 

- Avenues Branch 

The offer also includes our international galleries available at: 

Riyadh Branch 

Al Rosais Comm. Complex, Al Olaya Main Street 

Riyadh. Saudi Arabia 

Tel : 009661 4603136 

Fax: 009661 4602779. 

Dubai Branch Office 

The Gold Centre, 

F-124, Fifth Floor, 

Pb- 40360, Dubai. 

Tel: 0097142267027 

Fax: 0097142266142 

Dubai Showroom 

Zaina Jewellery 

Burjuman Centre 

Dubai. 

Tel: 009714 3516786 

Fax: 009714 3519997 

JEWELLERY TRAVEL & TOURISM 

Boodai Aviation Group 

Enjoy traveling with BOODAI aviation Group 

Once you pay with your Thahabi ATM card, you will receive the following benefits: 

l 5% discount on packages (Ticket + hotel accommodation) 

l Free air-ticket delivery to home / office 

l Free 24-hours emergency line service in and outside Kuwait 

l Family trip coordinator to organize your trip at home / office*. 

l Assistance in obtaining the necessary visas from embassies not requiring a personal presence. Visa charges 

to be borne by the traveler 

l Monthly electronic newsletter with the latest special travel offers & promotions sent by email 

* This service is limited to first and business class travelers to Europe, USA, and Far East destinations 

Direct Office Number: 

Air Tickets: 22427121 

Hotel Booking and Packages: 1887887 Ext: 301, 303, 304, 305, 306 

Dnata Holidays 

To enjoy Dnata Holidays’ special travel offers, settle your payments with your Thahabi ATM cards. 

Benefits include: 

l Free ticket delivery 

l Free UK SIM card 

l Dnata Concierge Service at a minimum service charge 

l 5% discount on car rentals through “Alamo Worldwide” and “Holiday Autos” 

l 4% discount on properties featured in the Dnata Holidays brochure 

l Marhaba lounge at Dubai airport 

l Access to Dnata Holidays lounge 

And when using your NBK credit cards you will also receive: 

l 5% Watani Rewards points for all holiday packages 

For more information, please call 22317777. 

For business travel international please call 22317000.

The Royale Hayat Hospital 

Service 

Hospital rooms (Camellia, 

Jasmine, Lotus and Orchid 

with or without Garden)* 

Labor and Delivery Package 

(Excluding Lily)* 

Outpatient Services (Pediatrics, Antenatal, 

Postnatal, Gynecological screening, Surgeries, 

etc)* 

CosmeSurge: all surgery procedures, medical 

esthetic treatments, laser hair removals, 

botox, fillers** 

Hospitality Services: Al Liwan lounge, and 

Gardenia Hall for birth receptions 

Elements Spa by Banyan Tree: 

· Pre and Post Natal Care Packages 

· Time Honored Traditions Packages 

· And all massages*** 

Discount on NBK Credit 

Cards 

MEDICAL SERVICES 

The Royale Hayat Hospital offers a wide range of services comprising lounges, Elements galleries, Juice 

bar, Tamarind spa cuisine, conference room, and event showroom. 

Discount on NBK ATM 

Cards 

15% 7.5% 

15% 7.5% 

15% 7.5% 

10% 7.5% 

10% 7.5% 

10% 7.5% 

* Excluding pharmaceuticals and medical consumables 

** Excluding consultation fees, other dermatology services, fraxel laser and cosmetics 

*** The discount is excluding Beauty Treatments (Hand & Foot Treatments, Hair Treatments and Waxing). 

To benefit from the offer, please pay with your Thahabi ATM card or NBK credit cards to get the above discount. 

For more information, please visit Royale Hayat or contact them on 25360000 or access their website www.royalehayat.com 

ID design 

RETAIL 

Get 10% instant discount from ID design on the following once you present your Thahabi ATM card and 

pay with your NBK Credit Cards: 

• Living rooms 

• Bedrooms 

• Children’s rooms 

• Dining rooms 

• Home offices 

• Kitchen accessories 

• Outdoors / Gardens 

• Accessories 

For more information, please visit «ID design» or contact them on 24751555/ 666 / 777 / 888 or access their website 

www.nmasgroup.com/iddesign.htm. 

Bang & Olufsen 

Enjoy the Luxuries of Bang and Olufsen once you present your Thahabi ATM card and pay with your NBK 

credit cards: 

• 15% exclusive discount on the list prices for all Bang & Olufsen products available through the exclusive 

showroom at Fanar Mall (except items under clearance). 

• Free Beocom 4 Cordless Telephone set (valued at net KD 120), when buying products totalling between KD 

2,500 to KD 4,999 in a single purchase 

• Free Beocom 2 Cordless Telephone set, (valued at net KD 250), when buying products totaling between KD 

5,000 to KD 7,499 in a single purchase. 

• Free Beocom SERENE Mobile Telephone (valued at net KD 400), when buying products totalling more than 

KD 7,500 & above in a single purchase. 

For more information on Bang & Olufsen, please call 25753928 or visit their website www.bang-olufsen. 

com

Thahabi Personal Banking Officers - National Bank of Kuwait

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?