Title: Announcement Regarding the Collective Investment Scheme License Granted to Rasameel Investment Company for the Incorporation of Al-Nokhetha Fund
Date Publish 11 February 2021
Based on Resolution No. (116) of 2020 Regarding Granting a Collective Investment Scheme License to Rasameel Investment Company for the Incorporation of Al-Nokhetha Fund pursuant to Law No. (7) of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws and their amendments, issued on 12\11\2020.
And in implementation of Article (8) of the aforementioned Resolution, which provides for granting a license to the Fund after completing the minimum capital, for a period of three years from the date of its registration in the Funds Register at the Authority.
The Capital Markets Authority announces that the license for Al-Nokhetha Fund is issued on 11/02/2021, for a period of three renewable years.
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