Ash-Sharqiyah Development Co 74.8 Saudi Steel Pipe Co 22.64 Kingdom Holding Co 9.65 CHUBB Arabia Cooperative Insurance Co 20.2 Basic Chemical Industries Co 40.2 National Industrialization Co 17 Tourism Enterprise Co 199.4 Yanbu Cement Co 37.5 Malath Cooperative Insurance Co 15.78 Saudi Kayan Petrochemical Co 15.9 Zamil Industrial Investment Co 23.8 Al Gassim Investment Holding Co 22.24 Saudi Industrial Development Co 17.48 Fawaz Abdulaziz Alhokair Co 19.36 Jazan Energy and Development Co 17 Buruj Cooperative Insurance Co 20.26 Mouwasat Medical Services Co 260.6 Saudi Real Estate Co 15.54 National Gypsum Co 31.25 Arabia Insurance Cooperative Co 13.48 Salama Cooperative Insurance Co 12.7 Bank Aljazira 23.54 YAQEEN Saudi Equity ETF 52.3 Knowledge Economic City 15.4 Rabigh Refining and Petrochemical Co 18.72 Saudi Arabian Mining Co 64.9 Saudia Dairy and Foodstuff Co 156.6 Anaam International Holding Group 26.95 Saudi Fisheries Co 38.4 Saudi Arabian Amiantit Co 42.2 Al-Rajhi Company for Cooperative Insurance 78.4 Savola Group 34.6 Thimar Development Holding Co. 0 Gulf Union Alahlia Cooperative Insurance Co. 9.52 Southern Province Cement Co 57.5 Saudi Telecom Co 104.2 Banque Saudi Fransi 53.4 Bawan Co 36.6 Wataniya Insurance Co 16 National Agricultural Development Co 31.2 Saudi Advanced Industries Co 40.35 Gulf General Cooperative Insurance Co 9 Arabian Cement Co 38.15 Astra Industrial Group 48.4 Dur Hospitality Co 25.4 National Gas and Industrialization Co 42.35 Allied Cooperative Insurance Group 14.86 Etihad Atheeb Telecommunication Co 47.7 Al Rajhi Bank 88.9 Saudi Paper Manufacturing Co 50.5 Allianz Saudi Fransi Cooperative Insurance Co 14.12 Riyad Bank 37.75 Dar Alarkan Real Estate Development Co 13.22 Middle East Specialized Cables Co 15.6 Takween Advanced Industries Co 14 Tabuk Agricultural Development Co 22.22 The National Company for Glass Industries 37.4 United International Transportation Co 46.65 Arriyadh Development Co 23.02 Qassim Cement Co 82.5 Saudi Public Transport Co 17.68 Alinma Bank 38.35 Advanced Petrochemical Co 53 Saudi Electricity Co 25.95 HSBC MSCI Tadawul 30 Saudi ETF 50.7 Naseej International Trading Co. 47.9 Saudi Cable Co 0 Al-Jouf Agricultural Development Co 51 Batic Investments and Logistics Co 28.9 Filing and Packing Materials Manufacturing Co 47.35 Alkhaleej Training and Education Co 16.46 Gulf Insurance Group 25.1 Saudi Pharmaceutical Industries and Medical Appliances Corp 33.7 Fitaihi Holding Group 37.9 Tihama Advertising and Public Relations Co 114.2 United Wire Factories Co 31.25 Saudi Vitrified Clay Pipes Co 58.7 Saudi Industrial Investment Group 27.1 Jabal Omar Development Co 23.26 Saudi Arabia Refineries Co 110.4 Saudi Industrial Export Co 46.6 Saudi Cement Co 53.2 Al Alamiya for Cooperative Insurance Co 20.04 Al Hassan Ghazi Ibrahim Shaker 23.76 National Shipping Company of Saudi Arabia 26.6 Al-Etihad Cooperative Insurance Co 14.22 Al-Babtain Power and Telecommunication Co 26.22 Walaa Cooperative Insurance Co 14.94 Hail Cement Co 13.98 YAQEEN PETROCHEMICAL ETF 40.1 Nama Chemicals Co 45.15 Abdullah Al Othaim Markets Co 129.8 Almarai Co 54 Albilad Gold ETF 9.84 Seera Group Holding 17.94 United Electronics Co 129.6 Saudi Enaya Cooperative Insurance Co 19.72 Dallah Healthcare Co 120 Alinma Tokio Marine Co 23.74 Middle East Healthcare Co 34.7 Canadian Medical Center Co. 51.4 Electrical Industries Co 26.5 Arabian Centres Co 20.34 Maharah Human Resources Co 66.5 Ataa Educational Co 57.3 Al Kathiri Holding Co 51.7 Raydan Food Co 16.82 Saudi Marketing Co 25.1 Alandalus Property Co 17.42 Saudi Company for Hardware 39.8 Thob Al Aseel Co. 38 Abdullah Saad Mohammed Abo Moati for Bookstores Co 41.2 Umm Al-Qura Cement Co 23.28 The Saudi National Bank 74.5 Leejam Sports Co 95.7 Arabian Pipes Co 42.1 Middle East Paper Co 63.1 Lazurde Company for Jewelry 17.44 Arab Sea Information System Co 94.4 Riyadh Cement Co. 36 Dr. Sulaiman Al Habib Medical Services Group 217.4 Saudi British Bank 42.9 Saudi Printing and Packaging Co 18.72 Saudi Home Loans Co. 20.4 Emaar The Economic City 10.3 National Metal Manufacturing and Casting Co 22.82 Al-Baha Investment and Development Co 18.72 Al Jouf Cement Co 10.16 City Cement Co 23.32 The Mediterranean and Gulf Insurance and Reinsurance Co 12.06 Sinad Holding Co. 17.34 Najran Cement Co 14.98 National Building and Marketing Co 0 Saudi Ground Services Co 30.45 United Cooperative Assurance Co 10.34 ALBILAD Saudi Sovereign Sukuk ETF 9.15 Amlak International for Real Estate Finance Co 18.72 Arab National Bank 32.15 Red Sea International Co 40.5 Taiba Investments Co 30.4 Alhasoob Co. 256 Baazeem Trading Co 75.7 Bank Albilad 50.3 National Company for Learning and Education 58.6 Jarir Marketing Co 171.6 Al Sagr Cooperative Insurance Co 0 AYYAN Investment Co. 18.56 Yanbu National Petrochemical Co 52.7 Al Yamamah Steel Industries Co 36.4 Saudi Automotive Services Co 35.9 Saudi Airlines Catering Co 77.8 Yamama Cement Co 31.05 Saudi Research and Media Group 177 Wafrah for Industry and Development 41.6 Saudi Industrial Services Co 23.54 Theeb Rent a Car Co 70.1 Saudi Reinsurance Co. 16.28 SABB Takaful Co 16.98 Arabian Shield Cooperative Insurance Co 18.24 Al Moammar Information Systems Co 106.6 Herfy Food Services Co 45.45 Saudi Ceramic Co 39.2 Aljazira Takaful Taawuni Co 17.18 Halwani Bros Co 72.2 Saudi Investment Bank 20.54 BinDawood Holding Co. 87.8 Sadr Logistics Co. 52.6 Al Khabeer Diversified Income Traded Fund 7.69 Alkhorayef Water and Power Technologies Co. 122 Watani Iron Steel Co. 59 The Company for Cooperative Insurance 67.1 Eastern Province Cement Co 45.95 Bupa Arabia for Cooperative Insurance Co 160.6 Fesh Fash Snack Food Production Co. 178.8 Al-Omran Industrial Trading Co 95.8 Northern Region Cement Co 12.36 Saudi Arabian Cooperative Insurance Co 15.96 Saudi Arabian Oil Co 39.9 Sahara International Petrochemical Co 50.5 Mobile Telecommunication Company Saudi Arabia 12.26 Aldrees Petroleum and Transport Services Co 72.6 Makkah Construction and Development Co 72 Zahrat Al Waha for Trading Co 43.85 SABIC Agri-Nutrients Co. 158.2 Methanol Chemicals Co 38.9 Amana Cooperative Insurance Co 12.44 Saudi Basic Industries Corp 104.4 Arabian Contracting Services Co. 102.4 Advance International Company for Communication and Information Technology 140.6 Saudi Azm for Communication and Information Technology Co. 171.2 Arabian International Healthcare Holding Co. 52.1 Amana Cooperative Insurance Co 0 Gulf Insurance Group 0 AME Company for Medical Supplies. 0 United Cooperative Assurance Co 0 Saudi Electricity Co 0 Basic Chemical Industries Co 0 Alinma Bank 0 Natural Gas Distribution Co. 0 Abdullah Saad Mohammed Abo Moati for Bookstores Co 0 Saudi Tadawul Group Holding Co. 0 Mohammed Hasan AlNaqool Sons Co. 94.6 Tanmiah Food Co. 86.6 Enma AlRawabi Co. 21.6 Development Works Food Co. 220.8 Elm Co. 297.6 Aldawaa Medical Services Co. 75.6 Nahdi Medical Co. 179 Dar Alarkan Real Estate Development Co 0 Al-Babtain Power and Telecommunication Co 0 Scientific and Medical Equipment House Co. 0 Yamama Cement Co 0 Elm Co. 0 Al-Omran Industrial Trading Co 0 Natural Gas Distribution Co. 70.1 Banan Real Estate Co. 56.8 Shatirah House Restaurant Co. 126.2 Jahez International Company for Information System Technology 1049.8 Albilad MSCI US Equity ETF 0 Saudi Parts Center Co. 0 Sadr Logistics Co. 0 The Mediterranean and Gulf Insurance and Reinsurance Co 0 Nama Chemicals Co 0 Al-Baha Investment and Development Co 0 Tihama Advertising and Public Relations Co 0 Arabian Internet and Communications Services Co. 237.6 ACWA POWER Co. 175.6 National Gypsum Co 0 Wafrah for Industry and Development 0 Sumou Real Estate Co 0 Saudi Ceramic Co 0 Middle East Paper Co 0 Buruj Cooperative Insurance Co 0 National Fertilizer Co 0 Gas Arabian Services Co. 74 Albilad MSCI US Equity ETF 9.34 Saudi Paper Manufacturing Co 0 Walaa Cooperative Insurance Co 0 Al Kathiri Holding Co 0 Advance International Company for Communication and Information Technology 0 Filing and Packing Materials Manufacturing Co 0 Bank Aljazira 0 Herfy Food Services Co 0 Electrical Industries Co 0 Watani Iron Steel Co. 0 Batic Investments and Logistics Co 0 Abdulmohsen Alhokair Group for Tourism and Development 11.82 Alujain Corp. 63.5 National Medical Care Co 57.3 Group Five Pipe Saudi Co. 27.7 Nayifat Finance Co. 27.25 Saudi Tadawul Group Holding Co. 225.6 Almunajem Foods Co. 69.6 AME Company for Medical Supplies. 44 Alwasail Industrial Co. 23.22 Scientific and Medical Equipment House Co. 74.6 Saudi Parts Center Co. 101.4 Obeikan Glass Co. 95.4 Aljouf Mineral Water Bottling Co. 60.1 Lazurde Company for Jewelry 0 Saudi Pharmaceutical Industries and Medical Appliances Corp 0 ALBILAD Saudi Sovereign Sukuk ETF 0 Saudi Company for Hardware 0 Saudi Steel Pipe Co 0 SABIC Agri-Nutrients Co. 0 YAQEEN PETROCHEMICAL ETF 0 Tabuk Cement Co 0 Alandalus Property Co 0 Almarai Co 0 Qassim Cement Co 0 Hail Cement Co 0 Saudi British Bank 0 Salama Cooperative Insurance Co 0 ACWA POWER Co. 0 Mohammed Hasan AlNaqool Sons Co. 0 Arriyadh Development Co 0 Almunajem Foods Co. 0 Najran Cement Co 0 Knowledge Economic City 0 Allied Cooperative Insurance Group 0 Saudi Airlines Catering Co 0 Jabal Omar Development Co 0 Saudia Dairy and Foodstuff Co 0 Fesh Fash Snack Food Production Co. 0 Aljazira Takaful Taawuni Co 0 Banque Saudi Fransi 0 National Metal Manufacturing and Casting Co 0 Ash-Sharqiyah Development Co 0 Saudi Arabian Amiantit Co 0 Sinad Holding Co. 0 Alinma Tokio Marine Co 0 Umm Al-Qura Cement Co 0 Enma AlRawabi Co. 0 Savola Group 0 Ataa Educational Co 0 Astra Industrial Group 0 Takween Advanced Industries Co 0 The Saudi National Bank 0 Saudi Printing and Packaging Co 0 National Medical Care Co 0 Yanbu National Petrochemical Co 0 Southern Province Cement Co 0 Development Works Food Co. 0 Gulf Union Alahlia Cooperative Insurance Co. 0 Alujain Holding Corp. 0 Taiba Investments Co 0 Riyad Bank 0 Alinma Saudi Government Sukuk ETF Fund - Short Maturity 0 Saudi Advanced Industries Co 0 Saudi Public Transport Co 0 East Pipes Integrated Company for Industry 0 Obeikan Glass Co. 0 National Industrialization Co 0 Saudi Enaya Cooperative Insurance Co 0 Gas Arabian Services Co. 0 Saudi Arabian Mining Co 0 Wataniya Insurance Co 0 National Fertilizer Co 0 Etihad Etisalat Co 0 Saudi Vitrified Clay Pipes Co 0 Bank Albilad 0 Yanbu Cement Co 0 Saudi Arabian Oil Co 0 Sahara International Petrochemical Co 0 Red Sea International Co 0 Saudi Azm for Communication and Information Technology Co. 0 Arabian Cement Co 0 Saudi Industrial Services Co 0 Saudi Investment Bank 0 Arabian Contracting Services Co. 0 Zahrat Al Waha for Trading Co 0 Arabian Pipes Co 0 Tabuk Agricultural Development Co 0 National Gas and Industrialization Co 0 Riyadh Cement Co. 0 Amlak International for Real Estate Finance Co 0 Dur Hospitality Co 0 HSBC MSCI Tadawul 30 Saudi ETF 0 Al Jouf Cement Co 0 Al Hammadi Company for Development and Investment 0 Tanmiah Food Co. 0 Bupa Arabia for Cooperative Insurance Co 0 Al Moammar Information Systems Co 0 Alwasail Industrial Co. 0 Middle East Healthcare Co 0 Banan Real Estate Co. 0 Al Gassim Investment Holding Co 0 National Company for Learning and Education 0 YAQEEN Saudi Equity ETF 0 Methanol Chemicals Co 0 AYYAN Investment Co. 0 Al Khabeer Diversified Income Traded Fund 0 Al Abdullatif Industrial Investment Co 0 Allianz Saudi Fransi Cooperative Insurance Co 0 Arab Sea Information System Co 0 Jazan Energy and Development Co 0 Malath Cooperative Insurance Co 0 Al-Jouf Agricultural Development Co 0 Al Sagr Cooperative Insurance Co 0 Raoom Trading Co. 0 Abdullah Al Othaim Markets Co 0 Arabia Insurance Cooperative Co 0 Saudi Arabia Refineries Co 0 Saudi Industrial Export Co 0 Abdulmohsen Alhokair Group for Tourism and Development 0 Saudi Chemical Co 0 Arabian Centres Co 0 Saudi Cement Co 0 Arabian Shield Cooperative Insurance Co 0 Halwani Bros Co 0 Saudi Kayan Petrochemical Co 0 Baazeem Trading Co 0 Al Rajhi Bank 0 Almasane Alkobra Mining Co. 0 National Shipping Company of Saudi Arabia 0 Jarir Marketing Co 0 Bawan Co 0 Shatirah House Restaurant Co. 0 Al-Rajhi Company for Cooperative Insurance 0 Arabian Internet and Communications Services Co. 0 Saudi Research and Media Group 0 Eastern Province Cement Co 0 Dallah Healthcare Co 0 Nahdi Medical Co. 0 Mouwasat Medical Services Co 0 National Agricultural Development Co 0 Al Alamiya for Cooperative Insurance Co 0 Saudi Basic Industries Corp 0 Kingdom Holding Co 0 Theeb Rent a Car Co 0 Makkah Construction and Development Co 0 Albilad Gold ETF 0 United International Transportation Co 0 Saudi Telecom Co 0 Arab National Bank 0 Advanced Petrochemical Co 0 Al Yamamah Steel Industries Co 0 Group Five Pipe Saudi Co. 0 Thob Al Aseel Co. 0 Northern Region Cement Co 0 Al-Etihad Cooperative Insurance Co 0 Tourism Enterprise Co 0 Canadian Medical Center Co. 0 Maharah Human Resources Co 0 Leejam Sports Co 0 Al Hassan Ghazi Ibrahim Shaker 0 Rabigh Refining and Petrochemical Co 0 Raydan Food Co 0 Saudi Arabian Cooperative Insurance Co 0 Aljouf Mineral Water Bottling Co. 0 Gulf General Cooperative Insurance Co 0 CHUBB Arabia Cooperative Insurance Co 0 Raoom Trading Co. 121.6 National Building and Marketing Co 0 Jahez International Company for Information System Technology 0 Saudi Cable Co 0 Aldrees Petroleum and Transport Services Co 0 Dr. Sulaiman Al Habib Medical Services Group 0 Saudi Industrial Investment Group 0 Thimar Development Holding Co. 0 Saudi Reinsurance Co. 0 Middle East Specialized Cables Co 0 Saudi Automotive Services Co 0 City Cement Co 0 United Wire Factories Co 0 United Electronics Co 0 Aldawaa Medical Services Co. 0 Naseej International Trading Co. 0 Saudi Fisheries Co 0 Mobile Telecommunication Company Saudi Arabia 0 The National Company for Glass Industries 0 Fawaz Abdulaziz Alhokair Co 0 Saudi Ground Services Co 0 Alkhorayef Water and Power Technologies Co. 0 Alhasoob Co. 0 The Company for Cooperative Insurance 0 Saudi Marketing Co 0 Alkhaleej Training and Education Co 0 Zamil Industrial Investment Co 0 Seera Group Holding 0 SABB Takaful Co 0 Nayifat Finance Co. 0 Anaam International Holding Group 0 Saudi Real Estate Co 0 Arabian International Healthcare Holding Co. 0 Fitaihi Holding Group 0 Saudi Industrial Development Co 0 Emaar The Economic City 0 Alkhabeer Growth and Income Traded Fund 7.08 Naseej for Technology Co. 102.8 National Environmental Recycling Co. 67 Keir International Co. 0 Arabian Food and Dairy Factories Co. 174.4 Etihad Atheeb Telecommunication Co 0 East Pipes Integrated Company for Industry 71.9 Tabuk Cement Co 15.52 Saudi Home Loans Co. 0 Academy of Learning Co. 47.7 Rabigh Refining and Petrochemical Co. (Tradable Rights) 0 Retal Urban Development Co. 123.2 Alamar Foods Co. 123.2 Alamar Foods Co. 0 Arabian Food and Dairy Factories Co. 0 Saudi Chemical Co 31.8 Amwaj International Co. 90.2 Keir International Co. 89 Future Care Trading Co. 0 Saudi Networkers Services Co. 0 Ladun Investment Co. 13.74 Saudi Networkers Services Co. 0 Naqi Water Co. 0 Rawasi Albina Investment Co. 0 Naqi Water Co. 0 Rawasi Albina Investment Co. 0 Aqaseem Factory for Chemicals and Plastics Co. 84.3 Naba Alsaha Medical Services Co. 0 Almasane Alkobra Mining Co. 87.2 Al Hammadi Company for Development and Investment 41.3 Etihad Etisalat Co 40.95 Al Abdullatif Industrial Investment Co 25.06 Sumou Real Estate Co 54.5 Amana Cooperative Insurance Co. (Tradable Rights) 0 BinDawood Holding Co. 0 Academy of Learning Co. 0 Retal Urban Development Co. 0 Aqaseem Factory for Chemicals and Plastics Co. 0 National Environmental Recycling Co. 0 Ladun Investment Co. 0 Wafrah for Industry and Development Co. (Tradable Rights) 0 Future Care Trading Co. 118.2 Naba Alsaha Medical Services Co. 0


What is the idea of ​​the Albilad Saudi Sovereign Sukuk ETF?

Albilad Saudi Sovereign Sukuk ETF is an open-ended public investment fund, compliant with Shari'a standards, regulated by the Capital Market Authority's.

What is the Fund's objective?

Albilad Saudi Sovereign Sukuk Fund seeks to replicate the performance of the Albilad Ideal ratings Sovereign Sukuk index, which consists of Saudi Riyals denominated Sukuk, listed in the main Saudi Stock Exchange (Tadawul) linked to a market maker with a maturity of 3 months or more. The fund will also seek to distribute monthly dividends to unit holders.

What is the Added Value of this ETF?

Long-term capital preservation and periodic dividends (monthly).

What is the Fund duration?

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

What is the minimum subscription amount?

There will be no minimum to buy or sell the fund units however, units can be bought and sold through the Saudi stock exchange (Tadawul).

How much is the nominal unit value?

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

How much is the subscription fee?

No subscription fees.

Can individuals and companies invest in the Fund?

Yes, subscription is available for all (individuals and institutions)

How can I subscribe?

Due to the fact that the Fund is traded, subscription and redemption is carried out through the execution of buying and selling of units in the stock market

What are the required documents to open an Investment Account and subscribe online?

If you have a Current Account at Bank Albilad, National ID Card for Saudis, passport and ID for GCC nationals, photocopies of residency for non-Saudis, in addition to filling and signing an investment account form electronically.

For more information, please call (92000 3636)

Units can also be purchased from the stock market (Tadawul) after the start of trading.

Who is the custodian of the Fund?

Riyad Capital

How are the assets of the Fund evaluated?

The Fund has two valuation points:

1. Net Asset Value at the end of the day (NAV): by calculating the total value of the Fund's assets based on the daily closing prices of the Sukuk, plus the available cash and any accrued profits and deduct any accrued fees and divide the result by the number of existing units.

​2. Intra-day Net Asset Value (iNAV): will be announced during trading hours and occurs every 15 seconds. As at the end of the last working day, the result is divided by the number of units in circulation.

Both NAV and iNAV of the unit will be announced on the fund manager's website. Accurate and up-to-date information for registered unit holders will be kept at Tadawul.

Can unit holders see the Fund's performance?

Unit holders reports will be sent to the mailing address, email, telephone and / or fax as indicated on the account opening form unless the Fund Manager is notified of any change in address. Annual and preliminary reports will be made available on the Fund Manager's website www.albilad-capital.com  and the Tadawul website www.tadawul.com.sa

What is the Fund's risk level?

Low to medium risk.

Does the Fund pay Zakat?

The Fund will not pay Zakat on behalf of subscribers.

Does the Fund pay any dividends?

The Fund will distribute cash dividends to investors periodically (monthly).

What are the previous experiences of Albilad Capital Asset Management?

Albilad Capital Asset Management Group offers a variety of products and services, including portfolio management and investment fund management. Asset Management provides clients with accurate information and data on their investments with the highest levels of transparency. The Group also publishes Fund unit prices as well as reports on the performance of Funds periodically.

What are the catalysts for the Fund's additional positive performance?

·         Reduced risk as the issuer of the Sukuk is the Government of Saudi Arabia

·         Periodic distributions

What are ETFs, when did they originate and how did they start?

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 equities.

What are the characteristics of ETFs?

Flexibility: ETFs are clearly characterized by their systems and the ease of dealing with their units - both buying and selling - similar to shares listed on the stock market.

Transparency: Securities data included in ETFs and NAVs can be provided.

Liquidity: The market maker provides buy and sell offers to enhance liquidity.

How are ETFs trading?

Investors can trade ETFs like any security by contacting any 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 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 (secondary market) after the units of the Fund traded on the market.

What are the benefits of investing in ETFs?

The expected gains are like stocks.

Who is issuing ETFs units?

Asset Management firms 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 shares.

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

The minimum number of units through the Fund 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.

Is there a relationship between the performance of the ETF and the performance of the Fund's shares in the market?

The performance of ETFs is linked to the performance of the underlying index, knowing that the unit price of the fund is based on NAV and not on the Sukuk prices of the index.

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 conditions 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 Assembli​es and vote on their items?

The Funds are fully and directly managed by the Fund Manager and are subject to the terms and conditions of the investment funds issued by the Capital Market Authority and therefore do not hold general assemblies for these Funds.

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

Mutual 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 assets but less because of the diversity of the underlying assets.