Arbah Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Arbah Daily Liquidity Fund; such change will become effective on 13/04/1446 H., corresponding to 16/10/2024 G.
The details of the non-fundamental change are as follows: Changing in the membership of the Fund’s Board of Directors, changing the Zakat Advisor, and updating the summary of the Fund Manager’s financial information.
Unitholders have the right to redeem their units before any non-material change is effective without incurring any redemption fees.