Alinma Saudi Govmment Sukuk ETF (9404.SR)

ETF profile

Alinma Saudi Govmment Sukuk ETF (9404.SR)

Country: Saudi ArabiaSector: Financial ServicesIndustry: Asset Management - BondsExchange: SAU

Company overview

The Alinma Saudi Government Sukuk ETF is an exchange-traded fund that invests in a collection of Sharia-compliant sovereign Sukuk. These securities originate from the Saudi government and are available on the principal exchange. Adopting a hands-off approach, the fund seeks to track the performance of the IdealRatings Alinma Saudi Sovereign Sukuk Index, prior to expenses. Focusing on generating consistent income, it also endeavors to yield steady payouts, minimize overheads, optimize efficiency, and enhance tradability. This structure grants individuals adaptable access to fixed-income capital markets, consequently fostering a savings mindset among investors, a significant objective of Saudi Vision 2030.

WebsiteN/A
SectorFinancial Services
IndustryAsset Management - Bonds
CountrySaudi Arabia
Trades inSAR
Current price
10.29+0.19%
Benchmarks

No price history available.

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

Alinma Saudi Govmment Sukuk ETF (9404.SR)

9404.SR · SAU · Financial Services
10.29+0.19%
Sign up to track this stock

No price history available.

About

The Alinma Saudi Government Sukuk ETF is an exchange-traded fund that invests in a collection of Sharia-compliant sovereign Sukuk. These securities originate from the Saudi government and are available on the principal exchange. Adopting a hands-off approach, the fund seeks to track the performance of the IdealRatings Alinma Saudi Sovereign Sukuk Index, prior to expenses. Focusing on generating consistent income, it also endeavors to yield steady payouts, minimize overheads, optimize efficiency, and enhance tradability. This structure grants individuals adaptable access to fixed-income capital markets, consequently fostering a savings mindset among investors, a significant objective of Saudi Vision 2030.

SectorFinancial Services
IndustryAsset Management - Bonds
CountrySaudi Arabia
Trades inSAR

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

Unlock all fundamental data

Sign up for Free

Unlock all fundamental data

Sign up for Free