SAUDI ARABIA: An open-ended Shariah compliant investment fund launched by SEDCO Capital will focus on investments in IPOs and rights issues of companies listed on the Saudi stock market. As the SEDCO Capital IPO Fund has set its target on medium to long-term capital growth, it can invest in Shariah compliant IPOs of REITs, Sukuk and money market instruments. The fund’s performance is benchmarked against the SEDCO Capital Total Return IPO Index.
Restricted Access
Login to continue reading (existing subscriber)
Subscribe NOW and get:
- Gain unlimited access through all key operating platforms
- Full access to all listed Islamic funds & fund profiles
- Unlimited access to all Islamic fund managers
- Access to all exclusive articles, reports, podcasts & videos
- Complimentary access to all IFN Investor Forums
