Rasana Capital gets CMA's nod on floating units of Rassanah Morabaha Fund

Logo of Capital Market Authority (CMA)

Rasana Capital, the fund manager of Rassanah Morabaha Fund, obtained the Capital Market Authority's (CMA) approval on the public offering of the fund, according to the authority's 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 T&Cs, especially as they include detailed information on the fund, investment strategy and risk factors. Investors should also study the T&Cs in order to be able to assess the feasibility of taking into consideration the associated risks. If the T&Cs are 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 Executive Regulations have been met.

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