The Saudi Arabia Capital Market Authority has approved Al Rajhi Capital's public offering of the Al Rajhi GCC Equity Fund Excluding KSA. The approval means the fund has met the applicable legal requirements under the Capital Market Law and its implementing regulations and can be offered publicly. The notice states that the approval is not a recommendation to subscribe to the fund. Investors are advised to review the fund's terms and conditions carefully, including information on the fund, its investment strategy and its risk factors, and to contact the fund manager if they need further clarification.
Saudi Arabia Capital Markets Authority2026-05-18
Saudi Arabia Capital Market Authority approves public offering of Al Rajhi GCC Equity Fund excluding KSA
The Saudi Arabia Capital Market Authority has approved Al Rajhi Capital’s public offering of the Al Rajhi GCC Equity Fund Excluding KSA, confirming compliance with the Capital Market Law and implementing regulations. The authority clarified that the approval does not constitute a subscription recommendation and urged investors to review the fund’s terms, strategy and risk factors and to consult the fund manager as needed.