Description

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.