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