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HomeFinanceAlinma Saudi Sukuk ETF Fund Changes Approved

Alinma Saudi Sukuk ETF Fund Changes Approved

Significant updates to the Sharia-compliant investment fund

January 13, 2025
in Finance
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Alinma Investment Company has received approval from both unitholders and the Capital Market Authority (CMA) for significant changes to the Alinma Saudi Government Sukuk ETF Fund – Short Maturity. These changes will take effect on 27 January 2025.

The fund, adhering to Sharia principles, is an open-end public investment. Certification of its Sharia compliance has been granted by an appointed committee.

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The fund’s terms and conditions have been thoroughly reviewed and endorsed by the fund’s board, who are collectively responsible for the accuracy of the information provided. The board and fund manager assure that the terms are complete and not misleading.

While the CMA has approved the fund’s unit offerings, it does not endorse the fund’s content or suggest investing in it. The decision to invest lies entirely with the investor.

All documents related to the fund adhere to investment fund regulations, ensuring clarity, accuracy, and regular updates. Subscribing to any listed unit implies acceptance of these terms by the unitholders.

Tags: Alinma InvestmentCMA ApprovalSharia ComplianceSukuk ETF
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