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|Inception Date||April 2004|
The Objective of the Fund is to achieve financial returns competitive to the conventional short and medium-term financial instruments available in the Kuwaiti market, in accordance with Islamic Shari'ah principles. These financial instruments include governmental legitimate speculation bonds (soukouk mudharabah), Islamic bonds issued by institutions, banks or companies denominated in Kuwaiti dinar or in any other currency, as well as other forms of investment in financial instruments available inside and outside of Kuwait
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