Albilad MSCI Saudi Equity ETF (9412)

Profile

The Albilad MSCI Saudi Equity ETF is an open-ended exchange-traded fund designed to offer investors a compliant and efficient way to gain exposure to the domestic Saudi equity market, with full adherence to Shariah principles. The fund’s primary objective is to track the performance of the MSCI Saudi Arabia Domestic Total Market Islamic M-Series Index, which includes a diversified range of Saudi-listed companies spanning various sectors and market capitalizations. By seeking to replicate the index returns before fees, Albilad MSCI Saudi Equity ETF provides a transparent and accessible investment vehicle for local and regional investors, enabling participation in the growth of Saudi Arabia’s evolving capital markets. The fund operates with a high-risk profile, reflecting the volatility of equity markets, and is managed by Albilad Investment Company, a regulated entity. Its introduction addresses growing demand for Shariah-compliant, index-based products and broadens the suite of tools available for portfolio diversification within Saudi Arabia’s financial ecosystem. Total assets raised at launch were SAR 316 million, signaling strong initial market interest.