Norrenberger Islamic Fund

The Norrenberger Islamic Fund has delivered a Year-to-Date (YTD) return of 18.47% in 2026, and its Net Asset Value (NAV) has climbed steadily from ₦3.37B in early June to ₦3.97B as of 3 July, a rise of roughly 18% in under a month. Among its peers in the Shariah-Compliant Equity Funds category (funds that invest according to Islamic finance principles, which means avoiding interest-bearing assets and certain industries), the fund ranks #5 of 12, placing it in the top half of its category. Across all fund types tracked, it sits at #104 of 222 overall.

On a Week-to-Date (WTD) basis, the fund posted a yield of 0.32% for the most recent period, which is above the median WTD yield of 0.18% among Shariah-Compliant Equity Funds peers, meaning it outperformed more than half of its category peers in short-term returns. The WTD yield has eased slightly from the 0.35% recorded across the three prior weeks, a modest dip but one that follows a period of strong NAV growth. The fund currently has 993 unitholders, managed by Norrenberger Investment & Capital Management Limited.