CMA approves amending Musharaka Capital’s business profile

27/02/2018 Argaam

Saudi Arabia’s Capital Market Authority (CMA) has approved amending the business profile of Musharaka Capital Co. to add discretionary portfolio management activities, the regulator said in a bourse statement on Tuesday.

 
in addition to discretionary portfolio management, Musharaka Capital Co. is authorized to conduct dealing as a principal, manage investment funds, and undertake advisory and custody activities.

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