CMA approves BMK Murabaha Fund public offering

05/12/2024 Argaam
Logo ofCapital Market Authority (CMA)

Logo of Capital Market Authority (CMA)

The Capital Market Authority (CMA) approved Bait Al Mal Al Khaleeji Co.'s application on floating the units of BMK Murabaha Fund, according to the market regulator website.

 

An investment decision without reading the terms and conditions (T&Cs) carefully or fully reviewing their content may involve high risk. Therefore, investors should carefully read the T&Cs, which include detailed information on the fund, investment strategy, and risk factors.

 

If the T&Cs prove difficult to understand, it is recommended to refer to the fund manager for more information.

 

The CMA's approval should never be considered as a recommendation to subscribe to the fund. It merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.

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