Alinma Sukuk announces board restructuring

Alinma Saudi Government Sukuk ETF Fund - Short Maturity (Alinma Sukuk) announced a board restructuring due to the resignation of board member Turki Bin Marshoud, which was effective as Oct. 22, 2020, Alinma Investment, the fund manager, said in a bourse statement.

The fund’s new board structure is as follows:

1) Mazin Baghdadi, chairman and non-independent board member

2) Abdul Khaliq Ahmed, non-independent board member

3) Abdulrahman Bin Yousuf, an independent member

4) Abdullah Al Salam, an independent member