SAUDI ARABIA: The Capital Markets Authority has approved Alinma Investment’s public offering of the Alinma Endowment Investment Fund on the 4th December 2024.
Additionally, Alinma Investment has approved changes to the Alinma Saudi Government Sukuk ETF Fund including an update to its benchmark, which will now include all government Sukuk tenors issued in Saudi Riyals with a fixed rate. The fund will be renamed to Alinma Saudi Government Sukuk ETF.