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Alkhabeer Capital Announces the Beginning of Subscription Period for its “Alkhabeer Diversified Income Traded Fund”

28 November 2020

Alkhabeer Capital Announces the Beginning of Subscription Period for its “Alkhabeer Diversified Income Traded Fund”

  • Alkhabeer Diversified Income Traded Fund will be the first fund of its kind in the region.

Jeddah, Saudi Arabia – 28 November 2020: Alkhabeer Capital, the asset manager specializing in Shari’a-compliant investments and financial services, announced today that the beginning of subscription period for its “Alkhabeer Diversified Income Traded Fund” will commence starting on Sunday, 6 December 2020 corresponding to 21 Rabi Al-Akhar 1442. The Fund’s subscription period will last for 15 days, ending on Thursday, 24 December 2020 corresponding to 9 Jumada Al-Awwal 1442.

Earlier in September of this year, Alkhabeer Capital received the approval from the Capital Market Authority (CMA) to begin the public offering of its “Alkhabeer Diversified Income Traded Fund”, the first fund of its kind in the region, to be listed on the Saudi Stock Exchange “Tadawul”.

“Alkhabeer Diversified Income Traded Fund” aims to issue a maximum value of SAR One billion, to provide investors with the opportunity to generate periodic income through investing in income-generating assets, diversified across asset classes, sectors and geographies. The Fund’s income-generating asset classes include Sukuks, trade finance, leasing, income funds and Murabaha are further diversified across multiple sectors in local, regional and global markets, as well as developing and emerging markets.

For further information and to obtain a copy of the Fund’s Terms and Conditions, please visit The Fund’s Manager website, Alkhabeer Capital www.alkhabeer.com.

Alkhabeer Capital, headquartered in the Kingdom of Saudi Arabia, specialized in asset management, alternative investments and investment services. It is authorized by the Capital Market Authority (CMA), license number 07074-37.

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