CMA approves public offering of Al Rajhi Global Sukuk Fund

27/01/2025 Argaam
Logo ofAl Rajhi Capital

Logo of Al Rajhi Capital

The Capital Market Authority (CMA) approved Al Rajhi Capital’s request for the public offering of Al Rajhi Global Sukuk Fund.

 

For more news and details on Mutual Funds

 

Making an investment decision without carefully reading the terms and conditions (T&Cs) or fully reviewing its content may involve significant risks, the market regulator said in a statement.

 

The CMA also advised investors to thoroughly read the T&Cs, which provide detailed information about the fund, its investment strategy, and associated risk factors.

 

This careful review, the CMA explained, will enable investors to assess the feasibility of the investment while considering the related risks. If the T&Cs are difficult to understand, consulting the fund manager for clarification is highly recommended.

 

The CMA's approval of the fund should not be deemed as a recommendation to subscribe to the public offering. It merely means that the fund has met the legal requirements outlined in the Capital Market Law and its Implementing Regulations, the statement added.

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