Top 10 Islamic funds in Middle East by three-months returns (09-Jun-2025)
Rank | Fund Name | Fund Manager | Three-months return (%) |
1 | Chimera S&P China HK Shariah ETF – Income | Lunate Capital | 27.29 |
2 | Albilad Gold ETF | Albilad Capital | 16.43 |
3 | SAB Invest China and India Equity Freestyle Fund | SAB Invest | 13.45 |
4 | Chimera S&P Kuwait Shariah ETF – Income | Lunate Capital | 10.93 |
5 | KAMCO Islamic Fund | Kamco Invest | 8.30 |
6 | Chimera S&P Turkey Shariah ETF – Income | Lunate Capital | 7.93 |
7 | SAB Invest Saudi Financial Institutions Equity Fund | SAB Invest | 7.89 |
8 | Alpha Saudi Freestyle Equity Fund | Alpha Capital | 7.77 |
9 | SEDCO Capital IPO Fund | Sedco Capital | 7.65 |
10 | Osool & Bakheet Parallel Market Trading Equity Fund | Osool and Bakheet Investment Company | 7.61 |
Top 10 Islamic funds in Middle East by AuM (09-Jun-2025)
Rank | Fund Name | Fund Manager | AuM (US$ million) |
1 | SNB Capital Al Sunbullah SAR | SNB Capital | 4,074.60 |
2 | Al Rajhi Awaeed Fund | Al Rajhi Capital | 3,986.63 |
3 | SNB Capital Saudi Riyal Trade Fund | SNB Capital | 3,018.42 |
4 | Al Rajhi Growth Fund | Al Rajhi Capital | 2,045.81 |
5 | Riyad SAR Diversified Trade Fund | Riyad Capital | 1,453.36 |
6 | Alpha Murabaha Fund | Alpha Capital | 1,388.03 |
7 | Watani KD Money Market Fund II | NBK Wealth | 1,374.50 |
8 | Albilad SAR Murabaha Fund | Albilad Capital | 1,271.47 |
9 | Albilad CSOP MSCI Hong Kong China Equity ETF | Albilad Capital | 1,225.95 |
10 | Al Rajhi Freestyle Saudi Equity Fund | Al Rajhi Capital | 890.32 |
Top 10 Islamic fund managers in Middle East by AuM (09-Jun-2025)
Rank | Fund Manager | Country | AuM (US$ million) |
1 | Al Rajhi Capital | Saudi Arabia | 12,398.03 |
2 | SNB Capital | Saudi Arabia | 12,041.69 |
3 | Jadwa Investment | Saudi Arabia | 3,950.15 |
4 | Riyad Capital | Saudi Arabia | 3,147.37 |
5 | Albilad Capital | Saudi Arabia | 3,011.60 |
6 | Sedco Capital | Saudi Arabia | 2,828.25 |
7 | SAB Invest | Saudi Arabia | 2,139.41 |
8 | BSF Capital | Saudi Arabia | 1,782.97 |
9 | Alpha Capital | Saudi Arabia | 1,722.20 |
10 | Emirates NBD Asset Management Ltd. | United Arab Emirates | 1,713.01 |
Islamic funds breakdown by asset class – Middle East (09-Jun-2025)

Islamic funds breakdown by fund type – Middle East (09-Jun-2025)
