Article: Rasmala investments Saudi launches Shariah compliant Saudi equity fund

Rasmala investments Saudi launches Shariah compliant Saudi equity fund

Rasmala Investments Saudi announced today the launch of its Shariah Compliant "Rasmala Saudi Equity Fund"The new fund will predominantly invest directly in the Shariah Compliant securities listed on Tadawul. The fund is denominated in Saudi Riyal with a minimum subscription amount of SR 50,000."We believe that the fundamentals of the Saudi economy will remain robust given the ...

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