SICO Capital Money Market Fund

The SICO Capital Money Market Fund is an open-ended mutual fund. The principal investment objective of the fund is to invest in Shariah-compliant money market funds, placements, and other money market instruments in order to maximize medium-term capital growth while preserving the invested capital by investing in Saudi riyals, US dollars, and GCC currencies.

Download the Money Market Fund Shariah Report 2022 here.

Price & Fees
One-Month SAIBOR


Inception Date

June 1, 2016

Fund Term


Fund Size

SAR 220 million

Price at Inception

SAR 10.0

Current Unit Price

SAR 7.68

Min. Subscription

SAR 10,000

Management Fee

0.30% per annum

Dealing Days

12:00 Noon on all business days in Saudi Arabia