Waha Islamic Income Fund

This Fund caters to investors seeking yielding, Shari’a-compliant investments and is under pinned by Waha Capital’s expertise built over the years with its two other funds both in terms of equities and fixed income.

The Waha Islamic Income fund invests in global sukuks as well as Shari’a-compliant equities. The Fund aims to preserve and appreciate capital while targeting an annual mid-single digit return to be distributed quarterly.

Supported by the full team behind Waha Capital’s successful flagship funds (the EM Credit Fund and the MENA Equity Fund) as well as a dedicated Senior Portfolio Manager, this actively managed Fund uses both internal macro and micro analysis to identify the best investment opportunities in the Shari’a compliant universe in terms of both capital appreciation and distribution.

Due to this novel approach and Waha Capital’s proven track record in managing Islamic assets, the Fund is already being lauded as a very welcome addition to the Islamic asset management space.

Cumulative Performance vs Index

Data presented is as of 31 October 2024. (2) The track record represents 2 different periods, a) from January 2016 the performance represents the unlevered, unhedged long only Sukuk holdings from the Waha CEEMEA Credit Fund (gross), source Waha Investment PrJSC, b) from September 2020 the performance represents the Waha Islamic Income Fund gross returns, source official third party administrator. (3) Please note the reference index not to be used as a benchmark for performance as it is not a direct comparison, source: Bloomberg LLP