What is 9403's expense ratio?

Albilad Saudi Sovereign Sukuk ETF charges a net expense ratio of 0.750%.

How large is Albilad Saudi Sovereign Sukuk ETF?

9403 holds 65.15M SAR in assets under management.

When did 9403 launch?

Albilad Saudi Sovereign Sukuk ETF launched on February 17, 2020.

What currency does 9403 trade in?

9403 trades in SAR on Saudi Arabia.

Albilad Saudi Sovereign Sukuk ETF

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9403 SA(BILADETF)Exchange-Traded Fund

8.31 SAR

Sukuk Saudi Arabia Sukuk Shariah-compliant

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About this fund

Albilad Saudi Sovereign Sukuk ETF (9403) is a Sukuk - Saudi Sovereign ETF, listed in Saudi Arabia, quoted in SAR. It charges a 0.75% net expense ratio and holds 65.15M SAR in assets as of Sep 30, 2026. The fund launched on Feb 17, 2020.

A Saudi Arabia-domiciled exchange-traded fund that tracks the Albilad IdealRatings Saudi Sovereign Sukuk Index. The underlying index comprises Saudi riyal-denominated sovereign Sukuk issued by the Kingdom of Saudi Arabia, listed on the main market of Tadawul, supported by a market maker, and with a remaining maturity of at least three months. The fund is fully Shariah-compliant and provides investors with a liquid, exchange-traded means of accessing Saudi government Sukuk, combining the credit quality of sovereign debt with adherence to Islamic finance principles.

AUM: 65.15M SAR
Expense Ratio: 0.75%
Yield (12-mo): 4.19%
Morningstar Rating
Benchmark: —
52-Week Range: 8.28 – 8.56 SAR
Avg Daily Vol: 57.0K
Inception: Feb 17, 2020

Risk metrics

Std Dev (3Y)

3.71

Sharpe (3Y)

—

Beta (3Y)

—

Alpha (3Y)

—

Tracking Error (3Y)

—

R² (3Y)

—

Risk statistics are 3-year, month-end-based.

Trailing returns

As of Sep 30, 2026

+0.12%

—

-0.48%

-2.58%

-2.69%

YTD

-2.35%

-1.19%

3Y ann.

—

5Y ann.

—

10Y ann.

—

Trading & liquidity

Avg Vol (1W)

—

Avg Vol (1M)

—

Avg Vol (3M)

57.0K

Avg Vol (1Y)

—

Avg Spread

—

Average daily share volume over each trailing window. Spread is the average bid-ask spread as a percentage of price — lower means cheaper to trade.

Fees & expenses

Net expense

0.75%

Classification

Shariah-compliant

Category: Fixed Income Sukuk
Asset class: Fixed Income
Strategy: Passive
Country: Saudi Arabia GCC
Bond type: Sukuk

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Frequently asked questions

What is 9403's expense ratio?: Albilad Saudi Sovereign Sukuk ETF charges a net expense ratio of 0.750%.
How large is Albilad Saudi Sovereign Sukuk ETF?: 9403 holds 65.15M SAR in assets under management.
When did 9403 launch?: Albilad Saudi Sovereign Sukuk ETF launched on February 17, 2020.
What currency does 9403 trade in?: 9403 trades in SAR on Saudi Arabia.

News & analysis on 9403

Education

Types of Sukuk Structures Explained: Why Saudi Arabia Chose Ijarah for its Latest Offering

Saudi Arabia's $3.25 billion Ijarah Sukuk offering attracted $16.5 billion in investor orders, demonstrating strong demand for Islamic bonds. Sukuk structures vary based on underlying assets and Sharia-compliant contracts, with Ijarah being one of the most established options.

September 3, 2026

Markets

Saudi Arabia’s 4.7% Sah Sukuk Gives Savers a New Benchmark

Saudi Arabia's August Sah savings sukuk provides a 4.70% annual return for citizens, with sukuk ETFs like Albilad (9403) and Alinma (9404) offering daily liquidity alternatives on Tadawul.

August 4, 2026