Top Islamic Money Market Funds Globally by 3-Month Returns (6-Jan-2025)
Rank | Fund Name | Fund Manager | 3 months return |
1 | HBL KPK Islamic Pension Fund (Money Market Sub Fund) | HBL Asset Management LTD | 23.43% |
2 | Meezan Paaidaar Munafa Plan X | Al Meezan Investment Management | 22.79% |
3 | Meezan Paaidaar Munafa Plan XII | Al Meezan Investment Management | 22.54% |
4 | Meezan Paaidaar Munafa Plan V | Al Meezan Investment Management | 20.97% |
5 | HBL Islamic Pension Fund (Money Market Sub Fund) | HBL Asset Management LTD | 20.24% |
6 | Pak-Qatar Asan Munafa Plan | Pak-Qatar Asset Management | 18.99% |
7 | Ziraat Portfolio Participation Free (TL) Fund | Ziraat Portfoy | 18.95% |
8 | Atlas Islamic Money Market Fund | Atlas Asset Management | 18.72% |
9 | Meezan Daily Income Plan | Al Meezan Investment Management | 18.65% |
Top Islamic Money Market Funds Globally by AuM (6-Jan-2025)
Rank | Fund Name | Fund Manager | AuM (US$ million) |
1 | AHAM Aiiman Money Market Fund | AHAM Capital Asset Management | 3,276.64 |
2 | SNB Capital Al Sunbullah SAR | SNB Capital | 2,937.84 |
3 | SNB Capital Saudi Riyal Trade Fund | SNB Capital | 2,522.06 |
4 | Al Rajhi Awaeed Fund | Al Rajhi Capital | 1,616.28 |
5 | Kuveyt Turk Portfolio Short-Term Participation Free (TL) Fund | Kuveyt Turk Portfoy | 1,401.09 |
6 | Alpha Murabaha Fund | Alpha Capital | 1,385.27 |
7 | Albaraka Portfolio Short-Term Participation Free (TL) Fund | Albaraka Portfoy | 1,081.96 |
8 | Principal Islamic Deposit Fund – Class AI | Principal Asset Management | 969.90 |
9 | Boubyan KD Money Market Fund II | Boubyan Capital | 866.56 |
10 | RHB Islamic Cash Management Fund | RHB Asset Management | 863.91 |
Top Islamic Money Market Fund Managers Globally by AuM (6-Jan-2025)
Rank | Fund Manager | Country | AuM (US$ million) |
1 | SNB Capital | Saudi Arabia | 5,667.06 |
2 | AHAM Capital Asset Management | Malaysia | 3,600.09 |
3 | Al Rajhi Capital | Saudi Arabia | 2,396.71 |
4 | Principal Asset Management | Malaysia | 1,422.39 |
5 | Kuveyt Turk Portfoy | Turkiye | 1,401.09 |
6 | Alpha Capital | Saudi Arabia | 1,385.27 |
7 | Maybank Asset Management | Malaysia | 1,134.00 |
8 | Albaraka Portfoy | Turkiye | 1,081.96 |
9 | Boubyan Capital | Kuwait | 937.75 |
10 | Al Meezan Investment Management | Pakistan | 877.77 |
Islamic Money Market Funds Breakdown by Fund Type – Global (6-Jan-2025)