CMA Announces Approval of Exchange Traded Fund “Yaqeen S&P ESG MENA ETF”

The Capital Market Authority announces that it has issued its resolution approving Yaqeen Capital request to offer “Yaqeen S&P ESG MENA ETF” units on the Saudi Stock Exchange (Tadawul) as an Exchange Traded Fund.

The terms and Conditions (T&Cs) of “Yaqeen S&P ESG MENA ETF” can be obtained from the fund manager’s website and the CMA’s website. They contain all relevant information that the investor needs to consider before making (or refraining from) an investment decision.

An investment decision without reading the T&Cs carefully or fully reviewing their content may involve high risk. Therefore, investors should carefully read the T&Cs, which include detailed information on the “Yaqeen S&P ESG MENA ETF” strategy, objectives and risk factors. This will allow potential investors to evaluate the viability of investing in the “Yaqeen S&P ESG MENA ETF”, taking into consideration the associated risks. If the T&Cs prove to be difficult to understand, it is recommended to consult an authorised financial advisor.

The CMA’s approval of “Yaqeen S&P ESG MENA ETF” should not be considered a recommendation to invest in it. It merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.