Announcement by YAQEEN Capital regarding the details of non- fundamental changes to Yaqeen IPO Fund
YAQEEN Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Yaqeen IPO Fund; such change will become effective on (08/05/1446 H) , corresponding to (10/111/2024 G)
The details of the non-fundamental changes are:
- Update the tax and Zakat Advisor fees.
- Update the summary of the financial information of the fund manager.
- Update the qualifications of the chairman of the fund’s board of directors
- Update the members of the Sharia committee
Unitholders have the right to redeem their units before any non-fundamental change is effective; without incurring any redemption fees
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