Saudi's CMA greenlights public offering of 2 funds by Al Rajhi Capital

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The two funds are the Trahum Endowment Fund and the Takaful Endowment Fund, according to bourse disclosures

Staff Writer, Mubasher

October 24, 2023

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Riyadh – The Capital Market Authority (CMA) approved the public offerings of two Saudi funds by Al Rajhi Capital on 22 October 2023.

The two funds are the Trahum Endowment Fund and the Takaful Endowment Fund, according to bourse disclosures.

It is worth highlighting that Al Rajhi Capital is a Riyadh-based financial services company that provides enhanced investment banking products.

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