Albilad Sukuk posts SAR 1.2 mln net profit in H1 2020

Albilad Saudi Sovereign Sukuk ETF (Albilad Sukuk) posted a net profit of SAR 1.236 mln for the first half of 2020, Albilad Capital Co. said in a bourse statement on Tuesday.

Net asset value (NAV) stood at SAR 66.142 mln, while the NAV per unit reached SAR 10.17 as of June 30, 2020.

The number of outstanding units totaled 6.500 million, with a yield of 1.7% for H1 2020.

Total expenses and fees stood at SAR 88,000 by the end of the period.