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

Element ListExplanation
IntroductionMiddle East Financial Investment Company (MEFIC Capital)  announces an update of the terms and conditions of the MEFIC Saudi Riyal Murabaha Fund  as of (22/09/1444 H) corresponding to (13/04/2023 G.). A summary of the main updated items are as follows:
Effective Date of the Update to Fund’s Terms and Conditions2023-04-13 Corresponding to 1444-09-22
Summary of The Main Updated ItemsUpdating the Fund’s Board of Directors after the Resignation
 Mr. Raed Ahmed AlRahma as a independent member
 Mr. Abdulrahim Abdullah Al Tuwaijri as a independent member
The Updated Terms and Conditions