The Saudi Arabia Capital Market Authority has approved Al Rajhi Capital’s public offering of the Al Rajhi Emerging Markets Equity Index Fund, stating that the approval confirms that the legal requirements under the Capital Market Law and its Implementing Regulations have been met rather than constituting a recommendation to subscribe, and advising investors to review the fund’s terms and conditions, investment strategy and risk factors carefully or seek further information from the fund manager if needed.
Saudi Arabia Capital Markets Authority 2026-04-23
Saudi Arabia Capital Market Authority approves public offering of Al Rajhi Emerging Markets Equity Index Fund
The Saudi Arabia Capital Market Authority has approved Al Rajhi Capital’s public offering of the Al Rajhi Emerging Markets Equity Index Fund, confirming compliance with the Capital Market Law and its Implementing Regulations. The authority clarified that the approval is not a recommendation to subscribe and urged investors to review the fund’s terms, strategy and risk factors or seek further information from the fund manager.