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‎Al Rajhi MSCI Saudi Equity ETF to debut on Main Market tomorrow

Source
Argaam - Main News
Source link
https://www.argaam.com/en/article/articledetail/id/1927415
Published
2026-08-09 15:07:00
Discovered by ProcIntel
2026-08-09 13:52:39
Category
GCC Spotlight
Geography
Saudi Arabia
Organisations
—
Review status
Pending
Record type
REAL

Summary

‎<p ><img src="https://argaamplus.s3.amazonaws.com/07def71e-1b50-4a3c-9ae3-3badb8498030.png"></p> <p class="ckeCaption" >Logo of Al Rajhi Capital</p> <hr> <p ><span ><span ><span ><a href="https://www.argaam.com/en/tadawul/tasi/al-rajhi-capital" target="_blank">Al Rajhi Capital</a> announced that units of the Al Rajhi MSCI Saudi Equity ETF will begin trading on the Main Market (TASI) tomorrow, Aug. 10, 2026, under the trading symbol 9413 and ISIN SA16JG54J2L5, with a daily price fluctuation limit of ±10%.</span></span></span></p> <p ></p> <p ><span ><span ><span >Al Rajhi MSCI Saudi Equity ETF is Al Rajhi Capital's first exchange-traded fund (ETF) and the first in a planned series of ETFs it intends to launch.</span></span></span></p> <p ></p> <p ><span ><span ><span >Al Rajhi Capital previously announced that the fund's initial public offering (IPO) raised SAR 100 million. The offering closed on Aug. 4, 2026, while Aug. 10, 2026 was set as the fund's commencement date.</span></span></span></p> <p ></p> <p ><span ><span ><span >According to <span ><strong>Argaam </strong></span>data, the Capital Market Authority (<strong>CMA</strong>) approved Al Rajhi Capital's application in June 2026 to publicly offer units of the fund as an exchange-traded index fund.</span></span></span></p> <p ></p> <p ><span ><span ><span >The Al Rajhi MSCI Saudi Equity ETF is a public, open-ended, Shariah-compliant exchange-traded fund, approved by the fund's Shariah Supervisory Committee. It aims to track and replicate the performance of the MSCI Saudi Arabia Islamic Index before fees and expenses.</span></span></span></p> <p ></p> <p ><span ><span ><span >The index primarily invests in large-, mid-and small-caps listed on the Saudi Exchange.</span></span></span></p> <p ></p> <p ><span ><span ><span ><!--StartFragment-->The fund provides investors with diversified, Shariah-compliant exposure to around 250 Saudi-listed stocks, with an annual management fee of 0.25%, according to the company.<!--EndFragment--></span></span></span></p>

Possibly the same underlying story as ‎Subscription opens for Al Rajhi MSCI Saudi Equity ETF — flagged automatically for review, never merged automatically.

Procurement Relevance Gate

FAIL — score 7.0/100 — evaluated 2026-08-09 13:52:39
Only geographic exposure matched — no substantive content indicator, so this cannot pass alone.
  • geographic_exposure (weight 8) — matched on "1 linked geography"

Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.

Not Assessed — this Signal did not pass the Procurement Relevance Gate, or is fictional/excluded test data.