Ash-Sharqiyah Development Co 107.8 Saudi Steel Pipe Co 31.6 Kingdom Holding Co 10.22 CHUBB Arabia Cooperative Insurance Co 44.4 Basic Chemical Industries Co 42.85 National Industrialization Co 18.84 Tourism Enterprise Co 61.5 Alahli Takaful Co 40 Yanbu Cement Co 43.8 Malath Cooperative Insurance Co 33.95 Saudi Kayan Petrochemical Co 17.26 Al Gassim Investment Holding Co 32.55 Saudi Industrial Development Co 24.12 Fawaz Abdulaziz Alhokair Co 25.7 Jazan Energy and Development Co 25.4 National Petrochemical Co 44.25 Buruj Cooperative Insurance Co 32.2 Mouwasat Medical Services Co 178.8 Saudi Real Estate Co 23.18 National Gypsum Co 49.4 Arabia Insurance Cooperative Co 32.05 Tabuk Cement Co 20.16 Salama Cooperative Insurance Co 27.9 Bank Aljazira 18.42 FALCOM Saudi Equity ETF 43.9 Knowledge Economic City 22.56 Rabigh Refining and Petrochemical Co 21.92 Saudi Arabian Mining Co 56 Saudia Dairy and Foodstuff Co 175.6 Anaam International Holding Group 100.1 Saudi Fisheries Co 61.6 Saudi Arabian Amiantit Co 27.95 Al-Rajhi Company for Cooperative Insurance 94.5 Savola Group 42.6 National Agricultural Marketing 0 Gulf Union Alahlia Cooperative Insurance Co. 20.82 Southern Province Cement Co 87.4 Saudi Telecom Co 131.4 Al Abdullatif Industrial Investment Co 39.55 Banque Saudi Fransi 38.45 Saudi Chemical Co 38.85 Bawan Co 38.1 Wataniya Insurance Co 47.85 National Agricultural Development Co 43 Saudi Advanced Industries Co 56.3 Gulf General Cooperative Insurance Co 30.25 Arabian Cement Co 45.45 Astra Industrial Group 46.4 Dur Hospitality Co 33.45 National Gas and Industrialization Co 43.8 Allied Cooperative Insurance Group 47.15 Etihad Atheeb Telecommunication Co 37.85 Al Rajhi Bank 112 Saudi Paper Manufacturing Co 60.2 Allianz Saudi Fransi Cooperative Insurance Co 29 Riyad Bank 27.1 Dar Alarkan Real Estate Development Co 10.3 Middle East Specialized Cables Co 23.16 Takween Advanced Industries Co 22.68 Tabuk Agricultural Development Co 40.15 The National Company for Glass Industries 40.8 United International Transportation Co 44.95 Arriyadh Development Co 24.46 Saudi Indian Company for Cooperative Insurance 0 Qassim Cement Co 85.3 Saudi Public Transport Co 27.3 Alinma Bank 20.2 Advanced Petrochemical Co 74 Saudi Electricity Co 23.84 HSBC MSCI Tadawul 30 Saudi ETF 41.15 Naseej International Trading Co. 98.5 Saudi Cable Co 30.55 Al-Jouf Agricultural Development Co 87.2 Batic Investments and Logistics Co 38.55 Filing and Packing Materials Manufacturing Co 67.4 Alkhaleej Training and Education Co 29.65 AXA Cooperative Insurance Co 40.2 Saudi Pharmaceutical Industries and Medical Appliances Corp 55.8 Fitaihi Holding Group 33.1 Tihama Advertising and Public Relations Co 59.9 United Wire Factories Co 38.8 Saudi Vitrified Clay Pipes Co 103 Saudi Industrial Investment Group 34.65 Jabal Omar Development Co 34.3 Saudi Arabia Refineries Co 175.2 Saudi Industrial Export Co 0 Saudi Cement Co 63.7 Al Alamiya for Cooperative Insurance Co 32.25 Al Hassan Ghazi Ibrahim Shaker 25.95 National Shipping Company of Saudi Arabia 38.65 Al-Etihad Cooperative Insurance Co 25.46 Al-Babtain Power and Telecommunication Co 39.5 Walaa Cooperative Insurance Co 26.52 Hail Cement Co 18.74 FALCOM PETROCHEMICAL ETF 39.8 Nama Chemicals Co 44.7 Abdullah Al Othaim Markets Co 128.4 Almarai Co 62.5 Albilad Gold ETF 10.16 Seera Group Holding 21.16 United Electronics Co 131.4 Saudi Enaya Cooperative Insurance Co 47.15 Dallah Healthcare Co 78.7 Alinma Tokio Marine Co 40.05 Middle East Healthcare Co 37.45 Electrical Industries Co 32.2 Arabian Centres Co 26.9 Maharah Human Resources Co 76.4 Ataa Educational Co 50.4 Al Kathiri Holding Co 106 Raydan Food Co 35.2 Saudi Marketing Co 39.05 Alandalus Property Co 26.5 Saudi Company for Hardware 70 Thob Al Aseel Co. 77.5 Abdullah Saad Mohammed Abo Moati for Bookstores Co 52.1 Umm Al-Qura Cement Co 34 The Saudi National Bank 55.3 Development Works Food Co 184.4 Leejam Sports Co 77.9 Arabian Pipes Co 0 Middle East Paper Co 28.1 Lazurde Company for Jewelry 23.56 Arab Sea Information System Co 103.6 Riyadh Cement Co. 33 Dr. Sulaiman Al Habib Medical Services Group 160.8 Saudi British Bank 31.3 Saudi Printing and Packaging Co 32.2 Emaar The Economic City 11.72 National Metal Manufacturing and Casting Co 38.75 Al Hammadi Company for Development and Investment 38.4 Al-Baha Investment and Development Co 40.7 Al Jouf Cement Co 13.82 City Cement Co 29.65 The Mediterranean and Gulf Insurance and Reinsurance Co 26.65 Etihad Etisalat Co 32.95 Aseer Trading, Tourism and Manufacturing Co 27.35 Najran Cement Co 24.02 National Building and Marketing Co 312.2 Saudi Ground Services Co 35.9 United Cooperative Assurance Co 25.5 ALBILAD Saudi Sovereign Sukuk ETF 10.04 Amlak International for Real Estate Finance Co 22.3 Arab National Bank 22.18 Abdullah Abdul Mohsen Al Khodari Sons 0 Red Sea International Co 29.4 Taiba Investments Co 33.15 Baazeem Trading Co 136.4 Bank Albilad 36.1 National Company for Learning and Education 58.3 Jarir Marketing Co 216.2 Al Sagr Cooperative Insurance Co 20.8 AYYAN Investment Co. 27.65 Yanbu National Petrochemical Co 70.3 Al Yamamah Steel Industries Co 46 Zamil Industrial Investment Co 33.95 Saudi Automotive Services Co 36.35 Saudi Airlines Catering Co 78.7 Yamama Cement Co 34 Saudi Research and Marketing Group 159.6 Wafrah for Industry and Development 171.6 Saudi Industrial Services Co 47.65 Theeb Rent a Car Co 68.4 Saudi Re for Cooperative Reinsurance Co 21.74 SABB Takaful Co 37.55 Arabian Shield Cooperative Insurance Co 25.26 Al Moammar Information Systems Co 111.6 Herfy Food Services Co 62.9 Saudi Ceramic Co 58.5 Aljazira Takaful Taawuni Co 30.65 Halwani Bros Co 99.2 Saudi Investment Bank 17.26 BinDawood Holding Co. 111 Al Kathiri Holding Co. (Tradable Rights) 0 Sadr Logistics Co. 357 Al Khabeer Diversified Income Traded Fund 9.12 Alkhorayef Water and Power Technologies Co. 115.8 Watani Iron Steel Co. 65.2 The Company for Cooperative Insurance 84.6 Eastern Province Cement Co 48.6 Bupa Arabia for Cooperative Insurance Co 129.2 Tabuk Agricultural Development Company Rights 0 Fesh Fash Food Factory Co 284.2 Sumou Real Estate Co 64.9 Al-Omran Industrial Trading Co 104.8 Northern Region Cement Co 17.46 Saudi Arabian Cooperative Insurance Co 24.2 Saudi Arabian Oil Co 35.3 Sahara International Petrochemical Co 27.4 Mobile Telecommunication Company Saudi Arabia 14.42 Aldrees Petroleum and Transport Services Co 67.2 Makkah Construction and Development Co 71.1 Zahrat Al Waha for Trading Co 82.1 SABIC Agri-Nutrients Co. 114.2 Methanol Chemicals Co 14.28 Amana Cooperative Insurance Co 60.4 Saudi Basic Industries Corp 119.8 Mohammed Hasan AlNaqool Sons Co. 111.4 Natural Gas Distribution Co. 0 Abdulmohsen Alhokair Group for Tourism and Development 23.5 Lazurde Company for Jewelry (Tradable Rights) 0 Alujain Holding Corp. 54.4 National Medical Care Co 64.8


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.