BUSINESS

Aljazira Capital unveils Shariah-compliant Investment program

December 02, 2018
Eng. Ziad Aba Al-Khail
Eng. Ziad Aba Al-Khail

RIYADH —

The pioneer in brokerage services in the Saudi market, AlJazira launched the Islamic Shariah- Compliant “Systematic Investment» program. The program aims to provide investment opportunities for members of the community to develop their monthly savings and plan their family’s future, where it is considered a gateway to investing in AlJazira Capital’s numerous award-winning Investment Funds. The most recent of these awards is the “Best Performance for Five Years” from Thomson Reuters for 2018 that went to three Investment Funds.

AlJazira Capital CEO and Managing Director Eng. Ziad Aba Al-Khail said savings and investments are two sides of the same coin, where good planning for the future requires a clear financial plan with both as an essential part. From this important equation, and from the keenness of AlJazira Capital to raise awareness of this important matter, the program was launched in line with the Kingdom’s “2030 Vision”, whose objectives are to diversify sources of income into the national economy and to provide investment opportunities to the citizens. He stressed on the benefits of the opportunities arising from the 2020 National Transformation program, based on the importance of the role of the private sector in achieving the strategic objectives of the Kingdom’s Vision.

Aba Al-Khail added: “One of the important privileges of the Systematic Investment Program, besides savings and investments, is AlJazira Capital’s announcement to add free units to their investors’ accounts after their first year of subscription as per the terms and conditions, continuing Aljazira Capital’s commitment to support its investors by providing all that achieves growth in their invested capital. In addition to enabling the participants to transfer certain pre-determined amounts monthly to participate in the program according to the level of risk defined by the investor with a minimum amount of approximately SR100 per month. Another privilege is the electronic services that enable the investor to follow up on his investments directly and know its return, manage the Subscription’s amendment, suspension or cancellation and inquire about all transactions executed on the account.” – SG


December 02, 2018
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