Zawya - Press Releases: Al Ahli Islamic Cash Fund surpasses the 100 million Omani riyal mark in total assets under management

Muscat – The assets of the “Ahli Islamic Money Market Fund,” managed by the “Asset Management Department – Ahli Bank,” have exceeded OMR 100 million in assets under management. This achievement marks a significant milestone in the fund’s growth and reinforces its position as the largest Islamic money market fund in the Sultanate.

This achievement reflects the continued confidence the fund enjoys from a diverse investor base, including individuals, wealth management clients, and institutions. It also indicates the growing demand for highly efficient, well-managed Islamic liquidity solutions that combine capital preservation, daily liquidity, and attractive returns, thereby ensuring the fund's sustainable growth.

The fund's continued growth is a result of its disciplined investment approach and consistent performance. As of May 31, 2026, the fund's current return was 4.6%, its six-month annualized return was 4.7 % , its 12-month return was 4.6%, and its year-to-date return was 4.8%. The fund continues to strengthen its liquidity position, the quality of its investment portfolio, and its risk management methodology.

Commenting on this achievement, Hana bint Mohammed Al Kharousi, Senior General Manager of Commercial Banking at Ahli Bank, said : “Exceeding the OMR 100 million mark in assets under management is a testament to the confidence investors place in the fund and in Ahli Bank’s capabilities in Islamic asset management. Investors are increasingly seeking solutions that provide them with liquidity and systematic oversight, in line with their values and principles. The fund’s continued growth reflects its importance and effectiveness as a flexible and efficiently managed solution for individuals, wealth management clients, and investment institutions.”

Noura bint Sabah bin Jawad Sultan, Chairperson of the Board of Directors of Al-Ahli Islamic Money Market Fund, added: “This achievement was made possible thanks to a disciplined investment framework that balances capital preservation, liquidity provision, and the achievement of well-considered returns. All investment decisions are subject to thorough studies and analyses, along with an integrated risk management system and comprehensive Sharia oversight, ensuring that the portfolio aligns with its investment objectives while maintaining the highest standards of quality and consistency. This approach has enabled the fund to adapt to various market conditions and continue to deliver added value to investors.”

The Al-Ahli Islamic Money Market Fund is an open-ended, Sharia-compliant fund that provides investors with access to a diversified portfolio of short-term Islamic financial instruments, including high-quality Sukuk with remaining maturities of less than one year, along with Murabaha, Wakala, Ijara and other money market instruments, denominated in GCC currencies and US dollars.

The fund allows investors to trade daily without any lock-up period, while maintaining a high level of liquidity, providing a flexible alternative to traditional short-term deposits and demand deposit accounts. Available in Omani Rial and US Dollar, the fund is designed to support a variety of liquidity management, wealth preservation, and short-term investment objectives, while fully adhering to its Sharia-compliant investment mandate.

This achievement builds on the fund's previous success in exceeding OMR 50 million in assets under management within just one year of its launch. Ahli Bank reaffirms its commitment to expanding the range and depth of investment solutions available to investors in the Sultanate of Oman.

For subscription inquiries and further information, please contact the Asset Management Department at Ahli Bank via email: amd@ahlibank.om

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