Saudi Tadawul lists AlBilad Saudi Sovereign Sukuk Fund

Trading the ETF will begin on February 17

  
A man walks at the Saudi Stock Exchange (Tadawul) following the debut of Saudi Aramco's initial public offering (IPO) on the Riyadh's stock market, in Riyadh, Saudi Arabia, December 11, 2019. Image used for illustrative purpose.

A man walks at the Saudi Stock Exchange (Tadawul) following the debut of Saudi Aramco's initial public offering (IPO) on the Riyadh's stock market, in Riyadh, Saudi Arabia, December 11, 2019. Image used for illustrative purpose.

REUTERS/Ahmed Yosri

Riyadh – The Saudi Stock Exchange (Tadawul) announced the listing and trading units of AlBilad Saudi Sovereign Sukuk Fund as an Exchange Traded Fund (ETF).

Trading the ETF will begin on Monday 17 February 2020, according to a statement to the Saudi Stock Exchange (Tadawul).

Tadawul recently issued the terms and conditions for the fund following the Capital Market Authority (CMA) approval.

Source: Mubasher

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