Logo ofAl Rajhi Capital
Al Rajhi Capital announced that units of the Al Rajhi MSCI Saudi Equity ETF will begin trading on the Main Market (TASI) today, Nov. 9. 
Al Rajhi Capital previously announced that the initial offering of the fund raised SAR 50 million.
According to data available on Argaam, the Capital Market Authority (CMA) approved Al Rajhi Capital’s application in July to offer units of the Al Rajhi MSCI Saudi Equity ETF as a publicly offered exchange-traded index fund.
Key Fund Information
Item
Details
Fund name
Al Rajhi MSCI Saudi Equity ETF
Fund manager
Al Rajhi Capital
Fund type
Open-ended public ETF
Market
Main Market – TASI
CMA approval date
July 7, 2026
Fund term
Open-ended
Initial offering price per unit
SAR 10
Currency
SAR
Management fee
0.45% of net asset value annually
Benchmark index
MSCI Saudi Islamic High Dividend Yield Index
The fund aims to track the performance of the MSCI Saudi Arabia Shariah-compliant index, investing primarily in Saudi companies with high dividend yields, before deducting distributions, fees, and expenses.
Investment Allocation
Investment category
Min.
Max.
High-dividend Saudi equities
95%
100%
Money market instruments, transactions, and funds
0%
5%
Shariah-compliant swap agreements
0%
5%
*The fund manager may hold up to 100% of the fund’s assets in cash or money market instruments and funds under exceptional circumstances.
Logo ofAl Rajhi Capital
Al Rajhi Capital announced that units of the Al Rajhi MSCI Saudi Equity ETF will begin trading on the Main Market (TASI) today, Nov. 9.
Al Rajhi Capital previously announced that the initial offering of the fund raised SAR 50 million.
According to data available on Argaam, the Capital Market Authority (CMA) approved Al Rajhi Capital’s application in July to offer units of the Al Rajhi MSCI Saudi Equity ETF as a publicly offered exchange-traded index fund.
Key Fund Information
Item
Details
Fund name
Al Rajhi MSCI Saudi Equity ETF
Fund manager
Al Rajhi Capital
Fund type
Open-ended public ETF
Market
Main Market – TASI
CMA approval date
July 7, 2026
Fund term
Open-ended
Initial offering price per unit
SAR 10
Currency
SAR
Management fee
0.45% of net asset value annually
Benchmark index
MSCI Saudi Islamic High Dividend Yield Index
The fund aims to track the performance of the MSCI Saudi Arabia Shariah-compliant index, investing primarily in Saudi companies with high dividend yields, before deducting distributions, fees, and expenses.
Investment Allocation
Investment category
Min.
Max.
High-dividend Saudi equities
95%
100%
Money market instruments, transactions, and funds
0%
5%
Shariah-compliant swap agreements
0%
5%
*The fund manager may hold up to 100% of the fund’s assets in cash or money market instruments and funds under exceptional circumstances.
