20 Feb, 2023
Musharaka Capital Company announces the approval of the Fund’s Board of Directors of a non-fundamental change to Musharaka Saudi Equity Fund such change will become effective on 15/08/1444 H. corresponding to 07/03/2023 G.
The details of the non-fundamental change are as follows: Reducing minimum Initial Investment, minimum Additional Investment, and minimum redemption. Updating the borrowing risk related to the main risks of investing in the fund. Updating the statement of the Other Fund Boards Membership and the financial statements of the fund manager. Updating Sharia Supervisory Committee, and adding the Sharia approval number.