Shahriah Fund | IDLC AML

INVESTMENT OBJECTIVE

To generate profit by investing in a portfolio of Shariah compliant securities, vetted by the Shariah Advisory Board.

The fund intends to deliver the profit to the investors in the form of dividend as well as capital appreciation, strictly adhering to the Shariah principles.

WHY IDLC ASSET MANAGEMENT SHARIAH FUND

Higher Return Potential For Beating Inflation: With higher return potential, it provides your money the opportunity to grow beating inflation.

Maximum Tax Rebate: IDLC Asset Management Shariah Fund is the most-suitable tool to get Maximum Tax Rebate for people who wants to manage tax through investment in a shariah- compliant way.

Purification: Purification is the cleansing process which removes any impure portion of return that is not permissible under Shariah Law and dispose of the non-permissible portion through donation to charitable organizations.

Endorsed by a global Shariah advisory firm: Shariah Investment Guideline of IDLC Asset Management Shariah Fund is endorsed by one of the world's leading Shariah advisory firm "Amanie Advisors Limited" that serves 200+ clients globally.

SIP Investment: Systematic Investment Plan (SIP) or monthly investment scheme is the best way to put money into any capital market - related scheme. It naturally takes care of the market volatility as well as raises return potential. We highly encourage investors to invest into our Shariah Fund through SIP scheme.

RISK SCALE

LOW

MODERATELY LOW

MODERATE

MODERATELY HIGH

HIGH

GROW YOUR MONEY

Suppose, you have a savings scheme in an Islamic bank at 6% Return. Hence, your initial investment of 100 tk will increase to 106 tk at the year-end.

But the big question is have you considered INFLATION?

If you consider INFLATION, which is around 6% on an average, you will find your money is actually not growing at all.

In this scenario, investing with calculated risk remains as the only way to growth. Here comes IDLC Asset Management Shariah Fund. It provides the opportunity to grow your money while ensuring purity of your income by Purification Process.

Average Annual Compounded Return of SIP scheme of IDLC Asset Management Shariah Fund is 3.32% (From 12 Dec, 2019 to 30 Sep, 2023)

*Past performance does not guarantee future results.

GET MAXIMUM TAX REBATE

You can earn a return from 10.0% to 15.0% (based on your taxable income level) simply by saving tax through investing in IDLC Asset Management Shariah Fund.

IDLC Asset Management Shariah Fund is the most-suitable tool to get Maximum Tax Rebate for people who want to manage tax through investment in a shariah- compliant way. Whereas, Mudaraba DPS in islamic banks has up to BDT 120,000 ceiling in terms of investment eligible for TAX rebate and Mudaraba FDR is not eligible for TAX rebate.

LATEST NAV

NAV as on April 25, 2024

	MUTUAL FUNDS	*DPS	**FDR
Maximum eligible investment for tax rebate (BDT)	0	0	0%
You can save tax amounting to (BDT)	0	0	0%
Return through tax savings	0	0	0.0%