Albilad Capital announces rebalancing of Saudi Sovereign Sukuk ETF

05/03/2020 Argaam

Albilad Capital announced on Thursday the rebalancing of the sukuk basket for Albilad Saudi Sovereign Sukuk ETF in line with the Index.

 

In a bourse statement, the fund manager also said that the rebalancing was carried out on March 4, 2020.

 

In August 2019, the Capital Market Authority (CMA) approved AlBilad Investment Co.’s request to offer and register “AlBilad Saudi Sovereign Sukuk ETF” units on Tadawul as Exchange Traded Fund (ETF).

 

The fund started trading on Tadawul as an ETF on Feb. 17, 2020, with the symbol 9403.

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