Albilad Gold ETF
The Region's 1st Shariah-compliant Commodity gold ETF fund traded with the symbol 9405 (Albilad Gold)
An open traded fund that simulates gold prices in the world and provides an opportunity to invest in physical gold and the ease of buying and selling through
The Saudi Stock Exchange (Tadawul).
Purchase Method:
Albilad Gold Fund is available for purchase directly and through trading times through the Saudi Stock Exchange (Tadawul) across the financial countries or in any investment portfolio in any financial company in the Saudi stock market like any other stock.
Sharia Compliant:
The Fund applies the principles of Sharia in all its operations, and implements the directives of the members of the Shariah Board. For details, please see the Terms and Conditions Paragraph No. (3-b, 3-c)
Advantages of Albilad Capital Gold Fund:
• Sharia compliant
• Backed by actual gold bars
• High liquidity due to the presence of a market maker
• Possibility of in-kind refund
Benchmark: