Albilad Saudi Sovereign Sukuk ETF’s board of directors decided to register the fund with the General Authority of Zakat and Tax (GAZT), in accordance with relevant regulations, effective Feb. 17, 2021, fund manager Albilad Capital said in a bourse statement today, Jan. 19.

 

Albilad Capital will appoint an independent advisor to assist in the registration process, calculating Zakat, and other necessary arrangements.

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