Announcement by Middle East Financial Investment Company (MEFIC Capital) regarding an update of the terms and conditions of MEFIC Saudi Riyal Murabaha Fund.

Element List Explanation
Introduction Middle East Financial Investment Company (MEFIC Capital) announces an update of the terms and conditions of MEFIC SAUDI RIYAL MURABAHA FUND as of (15/04/1445 H) corresponding to (30/10/2023G) A summary of the main updated items are as follows: Implementing the rules for collecting zakat from investors in investment funds.

Effective Date of the Update to Fund’s Terms and Conditions

2023-10-30 Corresponding to 1445-04-15

Summary of The Main Updated Items

The Updated Terms and Conditions can be found in the attached file.

The Updated Terms and Conditions

Attached

Additional Information

 

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