Announcements
Announcement by Jadwa Investment regarding an update of the terms and conditions of Jadwa Saudi Riyal Murabaha Fund
Wed, 31 May 2023
Jadwa Investment announces an update on of the terms and conditions of Jadwa Saudi Riyal Murabaha Fund as of 10/11/1444 H corresponding to 30/05/2022. A summary of the main updated items are as follows:
- Amendment of the fund manager's capital
- Correction of a typo in the name of the benchmark
- Amendment of the wording of some definitions
- Addition of the information of the administrative manager in the fund summary
- Change in the wording of "investment objectives"
- Update of the “Investment Concentration Policy” and “Derivatives” clauses in accordance with the latest version of the Investment Funds Regulations issued by the Capital Market Authority
- Addition of items to the list of risks
- Deletion of appendix No. 1
The updated terms and conditions can be found in the attached file
https://www.jadwa.com/private/tc/Murabaha_TC_0515108008.pdf