The SICO Fixed Income Fund is SICO’s flagship fixed income fund. This open-ended Fund invests in instruments issued by sovereign, quasi-sovereign, and private entities across the MENA region. It has been recognized as the Best MENA Fixed Income Fund Strategy at the Bonds, Loans & Sukuk Middle East Awards in both 2023 and 2024.
Investment objective and strategy
The Fund’s primary objective is to generate income and achieve capital appreciation over the medium to long term. It seeks to meet this goal by actively investing in a diversified portfolio of government and corporate fixed income securities, sukuk, money market instruments, and other fixed income-related instruments.
Reporting
The Investment Manager issues a monthly report to each investor outlining the Fund’s net asset value, asset allocation, key statistics, sector breakdown, and top holdings.
Subscription
The Fund is open to accredited investors only.It offers two unit classes: Class A, with a minimum subscription of USD 100,000, and Class B, with a minimum subscription of USD 1 million.
Private Placement Memorandum
For more details about the Fund, please see the latest Private Placement Memorandum.
The Elzaad Sukuk Fund was launched in partnership with Wafra, the investment arm of Kuwait’s Public Institution for Social Security (PIFSS), which serves as the Investment Advisor. This open-ended Fund invests in a diversified portfolio of sukuk and other Sharia-compliant fixed income instruments issued by sovereign, quasi-sovereign, and private entities across the MENA region.
Investment objective and strategy
The Fund’s primary objective is to maximize total return through profit income and capital appreciation. It also aims to position itself among the leading Sharia-compliant fixed income funds in the region.
Reporting
The Investment Manager issues a monthly report to each investor outlining the Fund’s net asset value, asset allocation, key statistics, sector breakdown, and top holdings.
Subscription
The fund is open to accredited investors only.It offers two share classes: Class A, with a minimum subscription of USD 1 million, and Class B, with a minimum subscription of USD 100,000.
Private Placement Memorandum
For more details about the Fund, please see the latest Private Placement Memorandum.
The Albaraka Türk Values & Wealth Türkiye Sukuk Fund was launched in partnership with Albaraka Portfolio Management Company, a subsidiary of Albaraka Türk Participation Bank. It is the first Türkiye-focused Sukuk fund in Bahrain, a milestone that reflects SICO’s continued leadership in developing innovative Islamic investment products.
The Fund’s main objective is to give international investors direct access to Türkiye’s Islamic capital markets and contribute to strengthening Bahrain’s position as a gateway for Sharia-compliant investments.
Investment objective and strategy
This actively managed, open-ended Fund seeks to maximize total return through profit income and capital appreciation relative to its benchmark. It primarily invests in a diversified portfolio of Sukuk and other Sharia-compliant fixed-income instruments issued by sovereign, quasi-sovereign, and private issuers in Türkiye, with selective exposure to other markets through instruments denominated in Turkish Lira and US Dollars.
Reporting
The Investment Manager issues a monthly factsheet to each investor detailing the Fund’s performance, key statistics, and market commentary.
Subscription
The Fund is open to accredited investors only.The initial minimum commitment is USD 100,000, with subsequent minimum purchases of USD 10,000.
Private Placement Memorandum
For more details about the Fund, please see the latest Private Placement Memorandum.
