Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) has approved Alkhabeer Capital’s request to implement the initial public offering (IPO) for “Alkhabeer Waqf Fund I”, according to a statement to the Saudi Stock Exchange (Tadawul) on Tuesday.
Alkhabeer Waqf Fund I’s Terms and Conditions, which include detailed information on the Fund; investment strategy; and risk factors, should be carefully read and studied by investors.
The authority also called investors to refer to the fund manager for more information.
The CMA’s approval of the fund should never be considered as a recommendation to subscribe in the fund, as it only means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.
