Sambacapital launches Al Nafees Global dollar-denominated open-ended Fund

A new Shari'ah-compliant fund from Sambacapital will aim long-term capital growth through investment in global Shari’ah-compliant equities that assume their primary revenues from the production and distribution of basic commodities.
Al Nafees Global Commodities Equity Fund from Sambacapital is managed in compliance with the Investment Funds Regulations issued by the Capital Markets Authority (CMA).
The fund will invest in stocks of global companies connected to the commodities sector that are forseen to benefit from growing global demand for basic commodities.