Funds Subscription
Funds Subscription
Section titled “Funds Subscription”Unit subscription, redemption processing, and transfer management for Islamic fund investors.
Overview
Section titled “Overview”The Funds Subscription rail manages investor transactions:
- Subscription — Process new investments and unit allocation at NAV
- Redemption — Handle unit sell-back requests and payment processing
- Switching — Transfer holdings between funds within the same fund family
- Transfer — Unit transfer between investors (in-specie or book transfer)
- Cooling-off — Manage regulatory cooling-off periods for retail investors
Key Concepts
Section titled “Key Concepts”| Concept | Description |
|---|---|
| Subscription NAV | Price per unit at which new units are issued |
| Redemption NAV | Price per unit at which units are redeemed |
| Cut-off Time | Deadline for receiving subscription/redemption orders |
| Settlement Cycle | T+3 or T+4 for fund transactions (jurisdiction-dependent) |
| Minimum Investment | Minimum subscription amount per fund class |
| Dealing Day | Days on which subscriptions and redemptions are processed |
Endpoints
Section titled “Endpoints”Refer to the API Explorer for interactive endpoint documentation.
Authentication
Section titled “Authentication”All endpoints require authentication via Bearer token or API key.
Rate Limiting
Section titled “Rate Limiting”Standard rate limits apply. See Rate Limiting for details.