Ahli Islamic Fund Marks Success with $129 Million in Assets and 5.1% Return

Oman, 25 March, 2025 : The Ahli Islamic Money Market Fund has surpassed RO 50 million ($129 million) in assets just one year after its launch, marking a significant milestone in the Islamic banking sector. The fund achieved an annualized return of +5.1% during its first 12 months, generating a net profit of RO 861,417 for 2024, reflecting strong investor confidence and the appeal of its Sharia-compliant strategy.

Hanaa Mohammed Al Kharusi, Senior General Manager of Wholesale Banking at ahlibank, expressed pride in the fund's success, noting its stability, low volatility, and steady returns. She highlighted the diversified investor base, which includes both institutional and individual investors, as a testament to the fund’s broad appeal and reliability.

Noora Sabah Jawad Sultan, Chairperson of the fund, emphasized the fund's structure as an attractive alternative to demand deposit accounts. It offers investors high liquidity and focuses on investing in high-credit-rated market instruments to achieve optimal risk-adjusted returns while adhering to the highest banking standards.