Principal Investment Strategies
Type of the Securities in which the Fund primarily invests The Fund’s investment policy is aimed at preservation and development of the Fund’s assets on the long term by investing in a diversified portfolio of the shariah-compliant asset classes in accordance with the Waqf objectives, nature and disbursement channels as described herein. The Fund Manager shall diversify the Waqf asset portfolio to preserve the endowed asset and achieve a moderate growth rate to cater the current and future needs of the Waqf by adopting balanced investment policies covering diverse investment assets with different time frames (long and short terms) including the following securities: - Money Markets Instruments: these include, but are not limited to, money market transactions, units of public and/or private money market funds investing primarily or partially in money market transactions licensed by the Authority or authorized by another regulatory body subject to regulations which are at least equivalent to those applied to the investment funds in Saudi Arabia, as well as the short-term shariah-compliant financial instruments including asset-backed securities and structured products; - Fixed-Income Instruments and Funds of Fixed-Income Instruments (Sukuk): these include, but are not limited to, listed or non-listed Sukuk, Sukuk initial offering, Sukuk of public and/or private
