A public investment Fund compliant with Islamic Shari’a, established in Saudi Arabia for the purpose of capital growth through investing primarily in IPOs and shares rights issues in Saudi Arabia as well as investing in other listed companies in the Saudi Stock market which were newly listed during the last three years, provided it complies with the standards of Islamic Shari’a.
|Fund’s commencement date||2 August 2015|
|Type of the fund||Public Open-ended Investment Fund, in compliance with Islamic Shari’a|
|Fund’s category||Local stocks|
|Fund’s benchmark||Ideal Ratings|
|Fund’s sub-manager||EFG Hermes Saudi Arabia|
For the Fund’s terms and conditions, and for more information, please download the following file:
NOMW IPO Fund’s performance (on Tadawul’s website)