Altered economic and financial frameworks have facilitated the establishment of a banking system that adheres to Islamic principles, alongside the conventional banking sector and current financial instruments. In the wake of the 2008 crisis, interest in Islamic finance and Islamic financial instruments has increased. Money market funds, which originated in the 1970s, have likewise been influenced by similar trends. Currently, money market funds encompass noninterest-bearing financial instruments, including participation accounts and sukuk, alongside interest-bearing money and capital market instruments. Interest-free money market funds that adhere to Islamic principles are also available. This study assesses money market funds within an Islamic framework. This context first elucidates money market funds, followed by an analysis of money and capital market products within these funds, including sukuk, an Islamic money market fund instrument.