Ahli islamic introduces Oman's first Shariah-compliant money market fund

ahli islamic, the Islamic banking arm of ahlibank, has launched Oman's first Shariahcompliant Money Market Fund. This innovative offering provides ahli islamic customers with the opportunity to invest and gain exposure to attractive local and regional profit rates.

With its competitive returns on investments, the new Islamic Money Market Fund is an excellent choice for those seeking Shariah-compliant investment opportunities. ahli islamic assures customers that their investments align with Islamic principles, emphasising ethical and responsible financial growth.

It's important for customers to note that these investments are highly accessible, requiring a minimum investment threshold of just RO500. This accessibility opens up wealth creation possibilities for many individuals. Notably, customers can invest in the fund through the Ahli Islamic mobile app, providing a safe, secure, and convenient investment platform.

In a press release, Yousuf al Rawahi, DGM – Head of ahli islamic, expressed his enthusiasm about the launch, stating, "This marks a significant milestone in ahli islamic's journey as the first of its kind in the country. Not only are we providing innovative, Shariah-compliant solutions, but we are also establishing a lucrative avenue for investors, contributing to Oman's economic development. We believe the Islamic Money Market Fund will drive positive change and holistic growth, enabling investors to grow their wealth ethically and responsibly."

The new fund allows customers to subscribe and withdraw funds daily, offering them the freedom to manage their finances according to their preferences and providing flexible liquidity.

Additionally, investments in the fund are low risk, safeguarding customers' financial futures and well-being. Through this innovative investment option, Ahli Islamic reaffirms its commitment to serving its customers with integrity and excellence.

ahli islamic stands as a pioneer in Oman's Shariah-compliant investment landscape, offering innovative and highly liquid options to its growing customer base. This milestone underscores ahli islamic's forwardthinking approach to providing solutions that cater to its diverse clientele. With its array of features and robust framework, the Islamic Money Market Fund exemplifies ahli islamic's commitment to upholding integrity and transparency in Islamic banking in Oman.