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Frequently asked questions
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Who manages the Mutual Funds I subscribed to in the nera app?
Mutual Funds are professionally managed by experienced Fund Managers and offered through Al Rajhi Capital investment centers across the Kingdom.What products and services does nera provide for Mutual Funds?
Al Rajhi Capital offers nera a portfolio of professionally managed, Sharia-compliant mutual funds.Which Mutual Funds can I purchase through the nera app?
nera offers selected Al Rajhi Capital local, regional and global equity and commodity funds for different investment needs and risk appetites.Can I subscribe to investment funds through nera?
Yes, you can.How long does it take to transfer from my current account to a Fund?
A subscription normally takes 3–7 business days to execute.How can I learn about the benefits and objectives of the investment funds?
nera presents Al Rajhi Capital’s professionally managed, Sharia-compliant investment fund portfolio and its key information.How can I transfer from an investment fund portfolio to my current account?
This service is available through the Al Rajhi Capital app.How can I estimate the amount I may have after a certain period?
You can simulate a future Mutual Funds balance. The result is a prediction and the final amount may differ.Do I need to provide KYC information before opening a nera Mutual Account?
Yes. KYC information and risk-appetite details are required.Can I subscribe an additional amount to a Mutual Fund portfolio?
Yes. You can add to an existing portfolio, subject to the minimum subscription amount for that fund.Can I set up a recurring payment for a Mutual Fund?
Yes, you can schedule a recurring payment for the selected fund and date.Can I add money to an investment fund after subscribing?
Yes, you can.Are the funds in nera Sharia compliant?
All funds provided through nera comply with the Al Rajhi Capital Sharia Committee regulations.
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