Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) has approved the public offering by the Arab National Investment Company of Al Mubarak Saudi Sovereign Sukuk Fund.

The approval of the fund should never be considered as a recommendation to subscribe in the fund, according to CMA’s statement on Monday.

The authority noted that the approval means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.