Alkhabeer Capital Announces Listing of Alkhabeer Diversified Income Traded Fund on the Saudi Stock Exchange

Saudi Arabia-based Alkhabeer Capital has announced the listing of the units of its Alkhabeer Diversified Income Traded Fund (ADITF) on the Saudi Stock Exchange (Tadawul), with trading commencing on the 19th of January 2021.

The listing marks the first income fund in the region on Tadawul as a closed-ended (non-real estate) traded fund, which provides a diversified portfolio of income-generating assets including Sukuk, Murabahah transactions, trade financing, leasing, and income funds for investors, according to media reports.

The listing event, which took place at the Tadawul Media Center in Riyadh, Saudi Arabia, was witnessed by Mohamed Al-Rumaih, Chief of Markets at Tadawul, and Ahmed Saud Ghouth, Chief Executive Officer of Alkhabeer Capital, as well as other execu...