Saudi CMA approves public offering of Jadwa's Nafaqah Waqf Fund
Jadwa Investment is a Saudi closed joint-stock company headquartered in Riyadh
Saudi traders monitor stock information at the Saudi stock market in Riyadh, Saudi Arabia August 25, 2020.
By Staff Writer, Mubasher
Riyadh – The Saudi Capital Market Authority (CMA) approved Jadwa Investment Company’s request to publicly offer the Nafaqah Waqf Fund.
The CMA stressed that this approval should not be considered as a recommendation to subscribe in the fund as it merely means that the legal requirements have been met, according to a statement on Monday.
Jadwa Investment is a Saudi closed joint-stock company headquartered in Riyadh. It offers various investment services that support both individuals as well as corporate financial goals. The firm has a proven track record in asset management, financial advisory, mergers and acquisitions, and researched brokerage.
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