The Saudi Arabia Capital Markets Authority (CMA) issued a resolution approving Al Rajhi Capital to publicly offer the Waqf Alawqaf Fund. The CMA reminded investors that making an investment decision without carefully reading and fully reviewing the fund’s terms and conditions may involve high risk. It stressed that its approval should not be treated as a recommendation to subscribe, and that approval only confirms that legal requirements under the Capital Market Law and its implementing regulations have been met.
Saudi Arabia Capital Markets Authority 2026-01-26
Saudi Arabia Capital Markets Authority approves Al Rajhi Capital public offering of Waqf Alawqaf Fund
The Saudi Arabia Capital Markets Authority approved Al Rajhi Capital to publicly offer the Waqf Alawqaf Fund, emphasizing that its approval is not a subscription recommendation and urging investors to review the fund's terms and conditions due to potential high risks.