Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) has approved AlBilad Investment Company’s request to implement an initial public offering (IPO) for Albilad Murabaha Fund.
Investors must read the terms and conditions to know all details about the fund, according to the CMA’s statement on Monday.
“The CMA's approval of the fund merely means that the legal requirements as per the CMA’s Law and its implementing regulations have been met,” the Saudi financial regulator said.
