Al-Khabeer Capital: Subscription to the Diversified Income Traded Fund – Saudi...

The Asset Management Company specializing in investments and financial services compliant with Islamic Sharia regulations, “Al-Khabeer Capital”, announced the start of the subscription to the units of the “Al-Khabeer Diversified Income Traded Fund”. The fund aims to offer 100 million units at a price of 10 riyals per unit, and the subscription will continue for 15 days. Work, and ends on December 24th.The “Expert Diversified Income Traded Fund”, which is expected to reach one billion Saudi riyals, aims to provide investors with the opportunity to achieve periodic returns by investing in income-generating assets, which vary across different categories including sukuk, commercial finance, leasing and income funds, within multiple sectors in Local, regional and global markets, including emerging markets.

Interested investors who are Saudi citizens and residents in the Kingdom and citizens of the Gulf Cooperation Council countries can subscribe to the “Al-Khabeer Fund for Various Traded Income” at the offering price of 10 Saudi riyals per unit through the subscription channels of the recipient entities, which are: «Aljazira Capital, Al Ahli Bank, and Riyadh Bank, And the French bank », and the subscription will be made available to clients of other banks through the subscription system available on the website of the fund manager, the” financial expert “, since the minimum subscription in the fund is 1000 Saudi riyals (100 units).