Saudi Arabia’s Capital Markets Authority (CMA) issued a resolution approving the public offer by Saudi Economic and Development Securities Company of the SEDCO Capital Global Sukuk Public Feeder Fund. The CMA cautioned that investing without carefully reading and fully reviewing the fund’s terms and conditions may involve high risk, and highlighted that the documentation sets out detailed information on the fund, its investment strategy and risk factors. It also stressed that its approval is not a recommendation to subscribe, but indicates that the legal requirements under the Capital Market Law and its Implementing Regulations have been met.