Rakhaa Fund With Daily Accumulated Return
- The first fund issued, according to Shariaa provisions, under the supervision of Islamic Shariaa Consultancy with daily variable accumulative return.
- Tax free.
- The possibility of daily subscription and redemption until 12 pm, without any additional fees throughout all The United Bank branches.
- This fund provides the chance to make Morabhaa against Rakhaa fund IC’s reaches up to 95% out of its face value.
- The fund doesn’t invest in shares at all.
- The minimum number of IC’s to be purchased for the first time is 50 IC’s after that the customer can by any number of IC’s.
- Available for individuals and corporates.
Rakhaa Fund Exchange Rates
319.88 EGP Updated 10/06/2023
To download rakhaa fund Click here
To download rakhaa fund Financial Statement Click here