National Metal Manufacturing and Casting Co 17.64 Knowledge Economic City 14.02 Rabigh Refining and Petrochemical Co 9.91 Mobile Telecommunication Company Saudi Arabia 10.74 Batic Investments and Logistics Co 21.36 Herfy Food Services Co 32.35 Halwani Bros Co 53 Tihama Advertising and Public Relations Co 70.5 Alinma Bank 30.1 Gulf Insurance Group 28.5 Qassim Cement Co 66.4 Salama Cooperative Insurance Co 14.68 Nama Chemicals Co 32.6 Dar Alarkan Real Estate Development Co 15.18 Middle East Specialized Cables Co 10.16 Saudi Basic Industries Corp 91.3 Makkah Construction and Development Co 70.4 Alujain Corp. 36.25 United International Transportation Co 58.7 Anaam International Holding Group 20.66 Bank Albilad 38.05 CHUBB Arabia Cooperative Insurance Co 16.64 Saudi Cement Co 54.2 Allianz Saudi Fransi Cooperative Insurance Co 13.74 Arabian Pipes Co 39.95 Methanol Chemicals Co 23.94 Saudi Telecom Co 38.9 Abdulmohsen Alhokair Group for Tourism and Development 25.08 Jabal Omar Development Co 20.26 Saudi Automotive Services Co 35.55 Al-Rajhi Company for Cooperative Insurance 97.5 Yamama Cement Co 29.3 Saudi Electricity Co 22.56 United Cooperative Assurance Co 7.79 Saudi Kayan Petrochemical Co 11.58 The National Company for Glass Industries 32.45 Fawaz Abdulaziz Alhokair Co 15.04 Saudi Steel Pipe Co 19.92 Al Rajhi Bank 74.5 Arabian Cement Co 34.55 Arab National Bank 26.5 Malath Cooperative Insurance Co 12.8 Jazan Energy and Development Co 13.48 Al Sagr Cooperative Insurance Co 14.66 AYYAN Investment Co. 15.84 Red Sea International Co 25.8 National Shipping Company of Saudi Arabia 32 Jarir Marketing Co 150 Bupa Arabia for Cooperative Insurance Co 158 Hail Cement Co 11.26 The Company for Cooperative Insurance 95.4 Al-Etihad Cooperative Insurance Co 16.98 Advanced Petrochemical Co 48.95 Saudi Industrial Development Co 10.72 United Wire Factories Co 24.62 Emaar The Economic City 7.43 Yanbu National Petrochemical Co 41.45 Saudi Real Estate Co 12.1 National Gypsum Co 22.04 Fitaihi Holding Group 29.15 Saudi Reinsurance Co. 14.74 Al-Jouf Agricultural Development Co 50.65 Arabia Insurance Cooperative Co 10.58 Al-Babtain Power and Telecommunication Co 21.66 Saudi Advanced Industries Co 23.42 Saudi Research and Media Group 186.2 Dur Hospitality Co 23.1 Tourism Enterprise Co 15.28 Banque Saudi Fransi 36.9 Ash-Sharqiyah Development Co 60.6 Allied Cooperative Insurance Group 10.6 Sahara International Petrochemical Co 35.25 Saudia Dairy and Foodstuff Co 239 Mouwasat Medical Services Co 203.4 Abdullah Al Othaim Markets Co 116.4 Thimar Development Holding Co. 53.15 Saudi Fisheries Co 26.95 Saudi Paper Manufacturing Co 27.75 YAQEEN PETROCHEMICAL ETF 33.55 YAQEEN Saudi Equity ETF 44.2 Al Jouf Cement Co 12.36 Tabuk Cement Co 14.8 Wafrah for Industry and Development 33 National Industrialization Co 11.5 Arriyadh Development Co 19.22 Saudi Investment Bank 16.16 Tabuk Agricultural Development Co 17.04 Eastern Province Cement Co 40.2 Saudi Industrial Investment Group 23.24 Savola Group 26.65 Saudi Industrial Export Co 34.45 Bank Aljazira 17.66 Zamil Industrial Investment Co 15.94 Al Hassan Ghazi Ibrahim Shaker 18.64 Naseej International Trading Co. 44.4 Astra Industrial Group 57 Saudi Arabian Mining Co 62.5 Al-Baha Investment and Development Co 12.9 Basic Chemical Industries Co 34.85 Alkhaleej Training and Education Co 16.62 Amana Cooperative Insurance Co 9.63 Riyad Bank 30.1 Al Gassim Investment Holding Co 23.6 Taiba Investments Co 27.35 Buruj Cooperative Insurance Co 16.56 Yanbu Cement Co 32.9 Arabian Shield Cooperative Insurance Co 15.36 Saudi Chemical Co 28.5 Saudi Arabia Refineries Co 81.9 Etihad Atheeb Telecommunication Co 59.1 Saudi Industrial Services Co 26.5 Kingdom Holding Co 8.01 Wataniya Insurance Co 16.04 National Agricultural Development Co 26.65 Sinad Holding Co. 10.1 Saudi Arabian Cooperative Insurance Co 11.52 Southern Province Cement Co 49.85 Walaa Cooperative Insurance Co 13.22 Alinma Tokio Marine Co 14.8 Saudi Airlines Catering Co 80.7 Seera Group Holding 21.2 Saudi Enaya Cooperative Insurance Co 9.44 Takween Advanced Industries Co 7.89 United Electronics Co 74.1 Alawwal Invest MSCI Tadawul 30 Saudi ETF 41.35 Northern Region Cement Co 11.02 City Cement Co 21.22 Dallah Healthcare Co 144.8 Saudi Marketing Co 22.06 Umm Al-Qura Cement Co 15.36 Middle East Healthcare Co 35.15 National Company for Learning and Education 95 Alandalus Property Co 16.62 Leejam Sports Co 97.1 Al Moammar Information Systems Co 111.2 Arabian Centres Co 19.7 Maharah Human Resources Co 57.1 Al Kathiri Holding Co 46 Thob Al Aseel Co. 36.15 Abdullah Saad Mohammed Abo Moati for Bookstores Co 28.65 Raydan Food Co 26.12 Baazeem Trading Co 61.9 Saudi Arabian Oil Co 31.9 Lazurde Company for Jewelry 12.44 Ataa Educational Co 62.4 ALBILAD Saudi Sovereign Sukuk ETF 8.73 Dr. Sulaiman Al Habib Medical Services Group 261.8 Albilad Gold ETF 10.52 Arab Sea Information System Co 77.1 Sumou Real Estate Co 44.3 Amlak International Finance Co. 14.94 Al-Omran Industrial Trading Co 73.2 National Medical Care Co 81.9 Al Yamamah Steel Industries Co 21.3 Aljazira Takaful Taawuni Co 16.46 Bawan Co 27.25 Al Hammadi Holding 46.35 Middle East Paper Co 31.15 Saudi Ground Services Co 21.8 National Building and Marketing Co 229.8 The Saudi National Bank 46.9 Electrical Industries Co 32.9 Saudi Company for Hardware 27 Zahrat Al Waha for Trading Co 32.85 Al Alamiya for Cooperative Insurance Co 12 Najran Cement Co 12.64 Saudi Public Transport Co 18.3 Almarai Co 54 Al Khabeer Diversified Income Traded Fund 6.22 Arabian Contracting Services Co. 119 Advance International Company for Communication and Information Technology 62.6 AME Company for Medical Supplies. 38.4 Alwasail Industrial Co. 20.24 East Pipes Integrated Company for Industry 48.15 Sadr Logistics Co. 36.15 Theeb Rent a Car Co 77.2 Fesh Fash Snack Food Production Co. 158.8 Mohammed Hasan AlNaqool Sons Co. 60.5 Tanmiah Food Co. 121.2 Alhasoob Co. 234 Enma AlRawabi Co. 18 Development Works Food Co. 153.6 Saudi Azm for Communication and Information Technology Co. 194 Raoom Trading Co. 120 Elm Co. 419.8 Aljouf Mineral Water Bottling Co. 29.25 Albilad MSCI US Equity ETF 9.76 Nahdi Medical Co. 181.8 Natural Gas Distribution Co. 53 Shatirah House Restaurant Co. 73.4 Jahez International Company for Information System Technology 701 Scientific and Medical Equipment House Co. 69.4 Saudi Parts Center Co. 76.7 Obeikan Glass Co. 83.9 Arabian Internet and Communications Services Co. 239.4 ACWA POWER Co. 138.8 Gas Arabian Services Co. 63.3 Arabian International Healthcare Holding Co. 46.45 Aldawaa Medical Services Co. 74.3 Alkhorayef Water and Power Technologies Co. 134.2 Watani Iron Steel Co. 49.65 MOBI Industry Co. 56.2 Almasane Alkobra Mining Co. 72.7 Riyadh Cement Co. 29.75 Canadian Medical Center Co. 44 Nayifat Finance Co. 17.82 Saudi Tadawul Group Holding Co. 142.2 Almunajem Foods Co. 57.5 Filing and Packing Materials Manufacturing Co 37.75 Saudi Printing and Packaging Co 17.08 Saudi British Bank 34.35 Gulf Union Alahlia Cooperative Insurance Co. 8.74 National Gas and Industrialization Co 55.3 Etihad Etisalat Co 41.2 Aldrees Petroleum and Transport Services Co 89.1 BinDawood Holding Co. 56.1 The Mediterranean and Gulf Insurance and Reinsurance Co 7.89 Saudi Ceramic Co 29.9 SABIC Agri-Nutrients Co. 136.6 Saudi Vitrified Clay Pipes Co 39.7 Saudi Arabian Amiantit Co 39.7 Al Abdullatif Industrial Investment Co 17.32 Saudi Pharmaceutical Industries and Medical Appliances Corp 24.52 Gulf General Cooperative Insurance Co 7.7 Alkhabeer Growth and Income Traded Fund 5.89 Naseej for Technology Co. 78.2 National Environmental Recycling Co. 82.3 Ladun Investment Co. 15.64 Saudi Home Loans Co. 20.08 Aqaseem Factory for Chemicals and Plastics Co. 59 Arabian Food and Dairy Factories Co. 107.2 Academy of Learning Co. 56.4 Retal Urban Development Co. 119.6 Keir International Co. 84.2 Alamar Foods Co. 149.8 Saudi Networkers Services Co. 54.9 The Power and Water Utility Company for Jubail and Yanbu 49.2 9.16 Molan Steel Co. 47.15 Sure Global Tech Co. 50.5 Knowledge Tower Trading Co. 67.2 Americana Restaurants International PLC. 3.78 AlSaif Stores for Development and Investment Co. 82.8 Saudi Aramco Base Oil Co. 105.8 Saudi Top for Trading CO. 97.1 Alqemam for Computer Systems Co. 68.5 Waja Co. 116 Knowledge Net Co. 40.1 Edarat Communication and Information Technology Co. 414.6 Abdulaziz and Mansour Ibrahim Albabtin Co. 47.95 Perfect Presentation for Commercial Services Co. 201.2 Albilad MSCI US Tech. ETF 10.7 Naba Alsaha Medical Services Co. 51.5 Arabian Drilling Co. 146.4 Riyadh Cables Group Co. 50.65 Nofoth Food Products Co 160 Balady Poultry Co. 98.8 Naqi Water Co. 65.1 Rawasi Albina Investment Co. 78 International Human Resources Co. 62.2 Arabian Plastic Industrial Co. 33.5

What is the idea of Albilad MSCI US Tech ETF?


It is an open-ended public traded investment fund, compliant with the regulations of the Sharia Board, that provides an opportunity for traders in the Saudi market wishing to invest in the technology companies in the US stock market with ease.


What is the Fund's objective?


The Fund seeks to track the performance of the "MSCI USA Tech 125 Islamic M Series Index" which is designed to measure the performance of the large and mid-cap technology companies in the US market that are compliant with the regulations of the Sharia Board. before calculating any distributions, fees, or expenses.


What are technology companies?


They are companies associated with the development of new products and services from technology innovations leading to breakthroughs in areas such as internet and digitization, mobility, autonomous technology, industrial automation and digital healthcare.


Why invest in technology stocks?


Investing in technology stocks has become increasingly popular in recent years. Due to many reasons, to name a few: Strong historical performance, innovative and exciting companies, rapidly growing industry, lucrative opportunities for growth, strong fundamentals for growth, resilient during economic downturns, attractive valuations, and dividend growth potential.


What is the added value?


Buying one unit of Albilad MSCI US Tech ETF will give the investor the opportunity to have an exposure to a leading Shariah compliant technology stock of the US market by tracking the performance of the MSCI USA Tech 125 Islamic M Series Index in a convenient way.


What is the Fund duration?


There will be no fixed term for the Fund and no maturity date.


What is the minimum purchase amount for the Fund's units?


 There is no minimum to purchase units from the market.



What is the nominal unit value?


The nominal value of the unit at the Fund inception is 10 Saudi Riyals.




How much are the subscription fees?


There are no subscription fees.


Can individuals and companies invest in the Fund?


Yes, buying and trading units are available for individuals and companies.


How are units purchased and traded after the Fund initial offering period?


Since the Fund is traded and listed on the Saudi stock market, the Fund's units are traded by executing the buy and sell transactions of these units in the Saudi Exchange through Albilad Capital or any other licensed broker in the market.


What are the documents required to open an Investment Account?

If you have a current account with Bank Albilad, what is required is only the National ID Card for Saudis, passport and ID for GCC nationals, passport and Resident ID for non-Saudis, in addition to filling and signing an investment account agreement form electronically.

For more information, please call Albilad Capital (8001160002)

Who is the Custodian of the Fund?


Riyad Capital licensed by the Saudi Arabian Capital Market Authority (NO.08100-37). Commercial Registration No. 1010239234.



How are the Fund's assets valued?


The Fund has two valuation points:


1.      The Fund's net asset value per unit at the end of the day (NAV): by calculating the total value of the Fund's assets based on the daily closing prices in the US market and the available cash component, deducting the fees due and dividing the result by the number of existing units. The Fund's assets are evaluated on the official working days of the Saudi market, and the announcement is made before the start of the Fund's trading in the Saudi market, and when that day is not a working day for the Saudi market, the evaluation will be the next working day for the Saudi market. For example, the evaluation of unit prices for Thursday of each week will depend on the closing prices of the preceding Wednesday for the US stock market, and the evaluation of unit prices for Sunday of each week will depend on the closing prices of the preceding Friday for the US stock market.


2.      The Fund's indicative net asset value per unit (iNAV): It will be announced during the trading hours of the Saudi market. The indicative net asset value of the Fund unit (iNAV) is calculated by calculating the total value of the Fund's assets according to the latest price and the available cash component, then the accumulated expenses are deducted as at the end of the last working day for the Saudi market, and the result is divided by the number of existing traded units. The Fund's indicative net asset value for the unit will not change during trading in the Saudi market due to the non-overlap of working hours between the two markets, and if there is an overlap between the two markets, the Fund's indicative net asset value (iNAV) will be updated. For example, the indicative asset value of the unit (iNAV) for Thursday of each week will depend on the closing prices of the preceding Wednesday for the US stock market, and the value of the indicative assets for the unit (iNAV) for Sunday of each week will depend on the closing prices of the preceding Friday for the US stock market.


The indicative net asset value of the unit will be announced on the Fund Manager's website and the website of the Saudi Exchange The accurate and updated information of the registered unit holders will be kept at the Securities Depository Center (Edaa).


Can unit holders view the Fund's performance?


Unit holders reports as well as the annual reports and semi-annual financial statements will be made available on Albilad Capital website and the Saudi Exchange website


What is the Fund's risk level?


High risk.


Does the Fund pay Zakat?


The Fund will not pay any Zakat due on behalf of the Unitholders

The unit holder is responsible for paying the Zakat from the value of his units.


Does the Fund pay any dividends?


The Fund will not distribute any cash dividends to the investors but will reinvest the dividends resulting from investing in the Fund's assets.


What are the previous experiences of Asset Management for Albilad Capital?


Albilad Capital Asset Management Department offers a variety of services, including traded funds management, portfolio management and public and private investment funds management. Asset Management Department also provides clients with accurate information and data on their investments with the highest levels of transparency. The department also publishes reports on the performance of Funds periodically.


What is an Exchange Traded Fund (ETF)?


These are mutual funds that follow an index and are divided into equal units that are traded in the financial market during trading periods. These funds combine the advantages of both mutual funds and listed equities.


What are the characteristics of ETFs?


·         Flexibility


·         Transparency


·         Liquidity


·         Lower Cost


How are ETFs traded?


Investors can trade ETFs like any security by contacting any licensed market brokers. These units are created and redeemed by the market maker or any licensed entity.


What is the unit price setting mechanism for ETFs?

The market maker provides buy and sell prices for ETF units close to the Indicative Net Asset Value (iNAV).

How can I invest in ETFs?

Just like investing in stocks, there are two ways to invest in ETFs:

First: In the initial public offering (IPO) stage when ETF managers offer units of the ETF.

Second: through the financial market Saudi Exchange (secondary market) after the units of the Fund are traded in the market, through buying and selling of units from the unit holders or the market maker.

Who is issuing ETFs units?

Capital Market Institutions (CMIs) licensed by the Capital Market Authority.

Are ETFs limited to stocks only?

ETFs are not limited to stocks but may include Sukuk or commodity such as gold and silver.

Are there limits to the ownership of ETFs?

ETFs are not subject to certain ownership limits as in stocks.

Is there a minimum or maximum number of units that an investor can buy or sell in ETFs?

The minimum number of units that an investor can buy through the traded Funds market is one unit, while the process of creating units is subject to the terms and conditions of the Fund itself.

What is the trading commission for ETFs?

Trading commission for ETFs is identical to the stock market commission. This commission is 15.5 basis points on each trade without a minimum commission.

Is the unit price of ETFs equal to the price of the constituent units?

The trading price of the units is subject to the supply and demand mechanism, while the NAV value is subject to the market value of the component assets of the unit, and in most cases units are bought and sold at a price that is very close to NAV.

Will the ETF terms and conditions be issued before they are launched and traded in the primary and secondary markets?

Yes, the Fund Manager complies with the regulations of the Capital Market Authority for investment funds, including the disclosure of the terms and conditions of the Fund and is obliged to publish them in an appropriate period before the launch of the Fund.

How will ETFs be priced in the secondary market?

When the Fund is listed in the secondary market, the units will be priced at the net asset value and the current units will be subject to the bid and ask prices.

Can the ETF owner have the right to attend the assemblies and vote on their items?

Funds are directly managed by the Fund Manager and are subject to the Investment Funds Regulations and the Fund's terms & conditions issued. Accordingly, no general assemblies are held for these funds. Please note that the unitholder has the right to exercise all rights related to units, including voting in the unitholders meetings, in the event that the meeting is called for, and the approval of the unitholders for the fund is obtained for any changes that require their approval in accordance with the relevant terms & conditions, and Investment Funds Regulations.

Is investing in ETFs available to all categories and nationalities of investors?

Investment funds are available to all categories and segments of investors licensed to trade securities.

What are the risks faced by an investor in investing in ETFs?

An investor in ETFs is similarly exposed to the same risk of investing in the Fund's underlying assets.