The Saudi Capital Market Authority approved to Jadwa Investment Company to offer the units of the endowment fund a public offering.
According to Arabiya Net, the authority said that the investment decision without reviewing the terms and conditions of the fund and studying its content, may involve high risks; Therefore, the investor must read the fund’s terms and conditions, which contain detailed information about the fund, investment strategy and risk factors, and study them carefully in order to be able to assess the feasibility of the investment or not in light of the associated risks. For more information.
and she indicated that the approval of the authority for the fund offering should not be seen as an endorsement of the feasibility of investing in the fund, as the authority’s decision to approve the offering means that it has been made. Adherence to the regulatory requirements according to the Capital Market Law and its implementing regulations.
