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Lotus Waqf (Endowment) Fund
Fund Objective
For the purpose of fulfilling charitable purposes. The assets of the Fund would be invested in Shariah-compliant contracts and instruments (fixed term investments, sukuk, equities, mutual funds, commodities) with the aim of preserving the capital and generating returns. Income generated is distributed to qualifying charitable purposes in a manner that aligns with the overall objectives of the Fund.
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Our data and information provided is based on public data, our regulatory intelligence effort, from our archives, and other public sources such as from Fund Managers, FMAN, Pension Fund Administrators (PFAs), PenOp, etc. We have taken care to ensure that the information is correct, but MoneyCounsellors neither warrants, represents, nor guarantees the information's contents, nor does it accept responsibility for any errors, inaccuracies, omissions, or inconsistencies contained herein. Because past performance does not predict future performance, it should not be used to make an investment decision. We make no product recommendations. No news or research item should be interpreted as a personal recommendation to buy, sell, or switch any investment. Investments and the income generated by them rise and fall in value, so you may receive more or less than you invested.
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