InvestGB Launches Shariah-Compliant USD Fund with Global Access

Malaz Madani

Last updated 2-07-2025

3 min

InvestGB has launched the Lulwa USD Money Market Fund, aligning with Islamic finance principles.

The fund offers weekly liquidity and requires a minimum entry of 3,000 dollars.

It follows the success of their earlier Kuwaiti Dinar-based fund with notable returns.

Gulf Bank acts as the selling agent, enhancing its wealth management offerings.

InvestGB aims to offer varied investment products through strategic partnerships and diversified opportunities.

The investment landscape in Kuwait just got a bit more interesting—well, especially if you’re looking for Shariah-compliant options at any rate. Gulf Capital Investment Company, better known in the region as InvestGB, has unveiled its newest offering: the Lulwa USD Money Market Fund. According to the company’s latest announcement, this fund aligns firmly with Islamic finance principles, offering investors an attractive, low-risk bet in US dollars.

For those who prefer keeping their options flexible, the fund seems spot on: clients can access their money weekly, striking an appealing balance between liquidity and returns. Starting from just 3,000 dollars, entry into the fund is refreshingly accessible, and it’s open not only to Kuwaiti investors but also to expatriates, GCC nationals, foreign residents, and even international companies and institutions operating beyond the Kuwaiti borders.

Inaugurating a second money market fund might seem like InvestGB is simply cracking on from its previous success—it launched the Kuwaiti Dinar-based Lulwa KD fund just a few months ago. Well… turns out that earlier fund did pretty solid numbers. By the end of June this year, the KD-based fund was generating an annualised return of around 3.56%—not bad at all, especially in today’s tricky investment environment.

Talal AlKhamis, Director of Regional Equities and Fixed Income at InvestGB, believes that this USD-based fund ticks all the right boxes for clients focused on Shariah compliance. According to AlKhamis, the fund will stick primarily to short-term, low-risk instruments like Sukuk issued by governments and strategic deposits with Shariah-compliant banks. Makes sense, if you ask me.

And believe it or not, Gulf Bank itself has stepped up as the selling agent for the new fund. Sattam AlMarzouq, Head of Private Banking and Wealth Management at Gulf Bank, seemed genuinely chuffed to bits. He emphasised that offering this kind of product fits neatly within Gulf Bank’s overall goal of catering specifically to individual wealth management needs.

Since swinging onto the scene in 2023, InvestGB has made quite a few waves, building an impressive track record and pulling together strategic partnerships with top-tier organisations like Investcorp and Avaloq. These alliances aren’t simply window dressing, either—they've provided access to diversified real estate portfolios and slick digital wealth management platforms, clearly aimed at boosting client opportunities and setting the investment firm apart.

That said, anyone interested in checking out the specifics (and I'd reckon you definitely should dig into the details) can head to their nearest Gulf Bank branch or directly visit InvestGB’s headquarters at Al Hamra Business Tower.

Overall, InvestGB seems determined to create varied investment products that meet the diverse needs of its clientele. This new USD fund certainly appears well-placed to continue their track reccord of solid returns and responsible investment options across the region.

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