Middle East Financial Investment Company announces significant changes to the MEFIC Saudi Riyal Murabaha Fund, effective from 03/26/1440 AH corresponding to 12/04/2018 AD.
The details of the significant change are the amendment of Article 5: Investment Restrictions/Limits from Article 41 to Article 48 of the Investment Funds Regulations. Unit holders have the right to redeem their units before any change takes effect without imposing any redemption fees.