NAMAA SHARIAH-COMPLIANT MONEY MARKET INVESTMENT FUND
SAVING MADE SIMPLER
The Nama'a Shariah-Compliant Money Market Fund is an open-ended public fund, denominated in AED, domiciled in the UAE, and regulated by the Securities and Commodities Authority (SCA). The fund is built to provide efficient cash management solutions to a wide spectrum of investors, including both retail and institutional clients.
Announcement: The subscription period for the Sharia-Compliant Money Market Fund has been extended to Friday 25th July 2025
| Key Portfolio Characteristics* | |
|---|---|
| Fund Manager | Mada capital |
| Administrator | Mada capital |
| Custodian | FAB |
| Shariah Supervisory Committee | Shariyah Review Bureau |
| Legal Advisor | Bonnard Lawson |
| Auditor | BDO |
| Domicile | UAE |
| Currency | AED |
| Fund Type | Open-ended |
| Subscription Period | 30/06/2025 – 11/07/2025 (or 25/07/2025 in the event of an extension) |
| Minimum Subscription | AED 100 |
| Additional Subscription | AED 1 |
| Cut-off time* | 10:00 am |
| Subscription & Redemption | Daily |
| Dealing Frequency | Every business day in UAE |
| *Indicative data as of 25/06/2025. Once the fund is launched, applications received before the cut-off time, will be processed the same day. Applications received after the cut-off time, will be processed the next working day. | |