A Shariah-compliant open-ended fixed income mutual fund designed for investors seeking stable and consistent returns.
What is the Lotus Halal Fixed Income Fund?
The Lotus Halal Fixed Income Fund is an open-ended mutual
fund that invests in Shariah compliant fixed income
instruments. The Fund is specifically designed for ethical
investors with a low risk appetite.
The Lotus FIF invests in fixed income instruments such as
Sukuk (non-interest bonds) and fixed return contracts such
as Ijarah (lease) and Murabaha (cost-plus) contracts. The
Fund does not invest in equities or interest-bearing
securities like treasury bills or conventional term deposits.
Key Features
- Acts as both savings and investment account
- Low Risk Product
- Short–Medium Term Outlook
- Quarterly Distribution
- Capital Preservation
- No exposure to shares/equities
Competitive Returns
Aims to provide attractive returns comparable to conventional fixed income investments.
Quarterly Income Distribution
Aims to pay out 80% of profit to investors on a quarterly basis, which will allow investors meet their income needs
Liquidity
Investors can enter and exit the Fund every business day
Inclusive
The Fund is certified annually for Shariah compliance and is excellent for investors with faith-based or ethical preferences.
