| 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 Funds | Up to 5% of investment amount |
| Custody Fees | |
| Sukuks | 0.25% 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 | 0.30% 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 | 0.50% on total portfolio face value. |
| Transfer Out of Assets – Mutual Funds & ETF’s | 0.50% 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. | |
| Please refer to the Fund Fact Sheet for comprehensive disclosures on the applicable Maximum Entry Fees, Exit Charges, Ongoing Charges Figure, Performance Fees, Management Fees, and the Total Expense Ratio. These disclosures also outline any associated taxes or additional cost components that may be incurred, in accordance with prevailing regulatory transparency and disclosure requirements | |
| Secured Share Finance | |
| Processing Fees | |
| Secured Share Financing | Processing fee of up to 1% on total financing amount. |
All disclosed fees are subject to 5% Value Added Tax.
Ajman Bank Public Joint Stock Company (P.J.S.C) is licensed by the Central Bank of the UAE. All our products and services are Shari’ah compliant.
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