Schedule of Charges

 

Investment Products
Upfront Fees
Sukuks (Securities)Up to 2% of Investment Amount
Mutual Funds (Sukuk Funds)Up to 2% of Investment Amount
Mutual Funds (Equity / Multi-Asset Funds)Up to 5% of investment amount
Exchange Traded FundsUp to 5% of investment amount

 

Custody Fees
Sukuks.25% will be charged per annum calculated daily, based on total portfolio face value and charged on a quarterly basis to the customer account.
ETF´s.30% will be charged per annum calculated daily, based on total portfolio value and charged on a monthly basis to the customer account.

 

Administration Services
Transfer Out of Assets – Sukuks.50% on total portfolio face value.
Transfer Out of Assets – Mutual Funds & ETF’s.50% on total portfolio value.
Any additional costs charged by our custodian for the receipt or delivery of securities will be debited to the customer account.

 

Secured Share Finance
Processing Fees
Secured Share FinancingProcessing fee of up to 1% on total financing amount.

 

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