Alinma Mosque Endowment Fund is an open-end endowment mutual fund. It is publicly offered and its units are endowed for the beneficiary: The Association for the Care of Road Mosques. The Fund aims to strengthen and enhance the development role of private endowments by participating in supporting the care of road mosques through the capitalization and investment of the endowment assets of the Fund in order to concertize the principle of social solidarity and benefiting both beneficiary and the endowment asset.

The fund manager will work to invest the fund assets, which include cash, real estates, securities, and more, with a view to achieve capital return and distribute a specified return rate annually and continuously on the fund specified disbursement channels represented in the care of road mosques through the beneficiary:

  • The Association for the Care of Road Mosques where the Association is committed to spend the fund returns on the following objectives:
  • Elevating the level of service and sustainability of road mosques.
  • Promoting volunteer work in the association's activities.
  • Building and activating strategic partnerships. Infrastructure development.
  • Achieving financial sustainability.

iNAV

34.756425

Since the beginning of the year

2025-06-18

Fund asset value

Since the beginning of the year

-10.206360%

Minimum subscription

1

Subscription fees

1.5%