Article•Oct 3, 2026
Is the KLU Fund Halal? Kuveyt Türk Portföy's Money Market Fund (2026)
KLU is Turkey's first interest-free money market fund: 86.9 billion TL in size, a 1.3 percent fee and a 17.5 percent withholding rate. We explain the committed transactions inside it and the Shariah debate.
