Albilad Saudi Sovereign Sukuk ETF
Your safe choice to invest in Saudi sovereign sukuk listed by the Ministry of Finance in the Saudi market (Tadawul)
Purchase Method and profit distribution mechanism:
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 with the symbol 9403 and it distributes the proceeds received from the sukuk in the form of monthly distributions to unit holders registered in Register the unit holders on the last business day of the month.
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.
Fund specifications as of August 07, 2022:
• The fund's total return is 3.28%
• Low to medium risk level
• 30 sukuk included in the sukuk basket
How to trade fund units :
Fund units can be bought and sold directly through the financial market (Tadawul) through Albilad Capital Company or through any licensed broker in the market.