CMA approves listing of Albilad CSOP MSCI Hong Kong China Equity ETF on Tadawul

Saudi Arabia’s Capital Market Authority (CMA) said it has approved AlBilad Investment Company’s request to list the “Albilad CSOP MSCI Hong Kong China Equity ETF” on the Saudi Stock Exchange (Tadawul) as an exchange-traded fund (ETF).

The fund’s terms and conditions are available on the websites of both the fund manager and the CMA, containing critical information investors should review before making investment decisions.

Investors are advised to read the documents carefully, as the decision to invest without fully understanding the terms could carry high risks. The documents provide detailed information on the ETF’s strategy, objectives, and risk factors, enabling potential investors to assess its viability. Investors are encouraged to seek advice from authorized financial advisors if the information is unclear.

The CMA emphasized that its approval of the ETF should not be seen as a recommendation to invest. The approval only confirms that the ETF has met the legal requirements set by the Capital Market Law and its Implementing Regulations.