Fund Performance for the month of June 2026

The Al Mal MENA Equity Fund reported a monthly return of 3.1% in June 2026 with a NAV of USD 11.01, while the Al Mal UAE Equity Fund rose 5.0% with a NAV of AED 1.96.
The Saudi Cabinet approved a significant reform on June 22, 2026, establishing designated zones where non-Saudis are permitted to own real estate.
UAE economic growth was supported by the announcement of the AED 34 billion Gold Line metro project in Dubai and the country's strategic exit from OPEC effective May 1, 2026.
GCC central banks maintained interest rates at 3.75% in June 2026, mirroring the U.S. Federal Reserve's decision to keep policy rates unchanged.