Principal Islamic Wholesale USD Money Market Fund

General Information

Principal Islamic Wholesale USD Money Market Fund is a Wholesale Fund issued by Principal Islamic Malaysia. The Fund seeks to provide liquidity and income by investing primarily in money market instruments and deposits that conform to Shariah principles.

This is neither a capital protected fund nor a capital guaranteed fund.

The Fund best suits you if you:

  • are a Sophisticated Investor;
  • prefer a lower level of investment risk and tolerance;
  • are seeking USD-based Shariah-compliant investments; and
  • have an investment horizon of one (1) year or less.

Fund Details

Investment Manager

Mohd Fadzil Mohamed
BSc (Hons), University of Aberystwyth
23 Years Industry Experience
Rina Izzati Raduan
MBA, International Islamic University Malaysia
15 Years Industry Experience
Launch Date
31 October 2018
Fund Domicile
Fund Index
1-month CIMB Islamic’s Foreign Currency Fixed Return Income Account-i (FRIA-i)
Base Currency
Minimum Investment
Income Distribution
Bloomberg Ticker

Fund Codes

Bloomberg Ticker
USD Wholesale Money Market Fund

Fund Fees

Fund Details
USD Wholesale Money Market Fund
Management Fee
Up to 0.15% per annum of the NAV of the Class.