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Announcement: Changing the chartered accountant for the Musharaka Fund for Initial Offerings

06 February 2018

Announcement: Changing the chartered accountant for the Musharaka Fund for Initial Offerings

Out of the Fund Manager’s concern for the interests of the Fund and the unitholders and after obtaining the approval of the Fund’s Board of Directors, the auditor for the Musharaka Fund for Initial Offerings was changed from the office of Ernst & Young and Partners to the office of Baker Tilly and Partners, with a reduction in annual fees. For more information, please review the terms and conditions of the Fund.