NBAD Islamic MENA Growth Fund

Overview

The NBAD Islamic MENA Growth Fund is a Sharia-compliant equity fund that focuses on investing in publicly listed companies across the Middle East and North Africa (MENA) region. The fund aims to provide investors with exposure to the dynamic growth opportunities within these markets, adhering to Islamic investment principles. The fund employs a bottom-up stock selection process, complemented by top-down regional and sector allocation strategies. It focuses on companies that benefit from the region’s demographic trends, infrastructure development, and economic diversification initiatives. The fund has demonstrated a strong track record, with significant returns over various time frames. For instance, it achieved a 5.85% return over the past year and a 36.11% return over the past three years. These performance metrics reflect the fund's ability to capitalize on the growth potential within the MENA region. Investors interested in the NBAD Islamic MENA Growth Fund can access more information and investment options through the official website of First Abu Dhabi Bank, the fund's manager and owner. The website provides detailed insights into the fund's performance, investment strategy, and other relevant information to assist potential investors in making informed decisions.

Investment Focus

• Open to all nationalities

Portfolio Companies