Riyad Sharia Opportunities Fund - Riyad Capital
Riyad Sharia Opportunities Fund
Riyad Sharia Opportunities Fund is a public open-ended equity fund aims to provide medium to long-term capital growth.
Objectives: A public open-ended equity fund aims to provide medium to long-term capital growth by investing its assets mainly in Saudi equities. including IPOs in the Main Saudi stock market (Tadawul), the Parallel Market (Nomu). and the Gulf markets within the criteria set by the Riyad Capital Sharia Committee.
Launch Date: 24-October-2023
Fund Classification: Local - Shari’a compliant
Investment Strategy: Diversified
Risk Level: High
Fund Currency: Saudi Riyals (SAR)
Valuation/Dealing Days: Mondays and Thursday
Settlement In: 3 Business Days
For more details, kindly review the Fund’s Terms and Conditions
Past performance is not a guarantee of future returns. The value of units, the income from them, the prices and currencies of the funds, can go down as well as up. Investors may get back less than he or she originally invested. Additionally, fees shall apply on the fund. Changes in currency rates may have an adverse effect on the value, price or income of the security. To ensure proper understanding of the fund and its suitability for you according to your risk tolerance, we recommend that you seek a specialized investment advisor. More information about the fund is available in the Terms and Conditions applicable to that fund and must be read carefully before investing. While reading the fund’s Terms and Conditions, please refer to the principal risks of investing in the Fund.
You can apply through one of the following:
- Through Riyad Capital Online & Riyad Capital App
- By contacting Riyad Capital via phone and applying through the Interactive Voice Response (IVR)
- By visiting the nearest Riyad Capital Center and applying through one of the Customer Service representatives
Tuesday, 05 May 2026
Announcement by Riyad Capital regarding the details of non-fundamental changes to Riyad Sharia Opportunities Fund.
Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Riyad Sharia Opportunities Fund, such changes will become effective on (03/12/1447H.), corresponding to (20/05/2026 G.).
The details of the non-fundamental changes are as follows:
1.Adding a list of contents.
2.Adding the glossary.
3.Updating the Fund Summary. The paragraph was updated by amending the announcement days paragraph to reflect the text described in subparagraph (e) of main paragraph (10) of the Fund’s terms and conditions, and adding the fund’ inception date.
4.Updating subparagraphs (e, f, p) of main paragraph (3) "Investment Policy and Practices". The paragraphs were updated and added in accordance with the amended Investment Fund Regulations.
5.Updating subparagraph (f) of main paragraph (4) "Main Risks of Investing in the Fund". The paragraph was updated by adding the risks of collecting zakat have been added and the risks of investing in other investment funds.
6.Updating subparagraph (b, e) of main paragraph (11) "Transactions". The paragraphs were updated by clarifying the mentioned days are business days, and adding point (4) of subparagraph (e) to align with the other similar investment funds that managed by the fund manager.
7.Updating subparagraph (a) of main paragraph (13) "Reporting to Unitholders". The paragraph was updated by rewriting and clarifying it in order to be aligned with the other similar investment funds that managed by the fund manager.
8.Updating subparagraph (a, b) of main paragraph (14) "Register of Unitholders". The Paragraphs were updated and added in accordance with the amended Investment Fund Regulations.
9.Updating subparagraph (a, b) of main paragraph (16) "Unitholders’ Rights”. The paragraphs were updated by rewriting and clarifying it in order to be aligned with the other similar investment funds that managed by the fund manager.
10.Updating subparagraph (b) of main paragraph (19) "Changes to the Fund’s Term and Conditions". The paragraph was updated by clarifying the mentioned days are business days.
11.Updating subparagraph (b) of main paragraph (20) "Fund Termination and Liquidation". The paragraph was updated by reflecting the procedures that are applicable to open-ended public funds.
12.Updating subparagraphs (c, f, g) of main paragraph (21) "Fund Manager". The paragraphs were updated by reflecting the changes to the Fund Manger’s address, financial results, and the Fund Mangar’s Key roles and responsibilities in relation to the Fund.
13.Updating subparagraph (c) of main paragraph (22) "Fund Operator". The paragraph was updated by reflecting the new address.
14.Updating subparagraphs (a, b, d, f) of main paragraph (24) "Fund Board". The paragraphs were updated by clarifying and organizing the latest changes to the Fund’s Board of Directors following the resignation of Mr. Read Albarakati (Chairman-Non-Independent) and Mr. Sattam Alsuwailem (Independent Member).
15.Updating subparagraph (b) of main paragraph (25) “Sharia Supervisory Board”. The paragraph was updated by removing point (2) as it is not one of the roles of the Sharia Supervisory Board.
16.Updating subparagraph (c) of main paragraph (24) “Auditor”. The paragraph was updated by reflecting the updated name of the Saudi Organization for Chartered and Professional Accountants (SOCPA).
17.Updating the main paragraph (30) "Complaints Procedures". The paragraph was updated by reflecting the new address
Tuesday, 14 April 2026
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Sharia Opportunities Fund for the period ending on 31/03/2026
The Riyad Capital announces that the quarterly statement of The Riyad Sharia Opportunities Fund for the period ending on 31/03/2026 A copy of the quarterly statement can be retrieved in Riyad Capital website in the link
Monday , 06 April 2026
Announcement by Riyad Capital regarding a change of the membership of the Board of Directors of Riyad Sharia Opportunities Fund
Riyad Capital announces a change in the membership of the Board of Directors of Riyad Sharia Opportunities Fund due to resignation of board member (Mr./ Raed Albarakati) (membership status: Dependent), from (18/10/1447 H.), corresponding to (06/04/2026 G.). The formation of the Board of Directors, after the change, shall be:
- (Mr./ Abdullah AlFaris), (membership status: Dependent)
- (Mrs./ Amal Alahmad), (membership status: Dependent)
- (Mr./ Abdullah Alshubaily), (membership status: Independent)
Thursday , 02 April 2026
Announcement by Riyad Capital regarding a change of the membership of the Board of Directors of Riyad Sharia Opportunities Fund
Riyad Capital announces a change in the membership of the Board of Directors of Riyad Sharia Opportunities Fund due to resignation of board member (Mr./ Sattam Al Suwailem) (membership status: Independent), from (14/10/1447 H.), corresponding to (02/04/2026 G.). The formation of the Board of Directors, after the change, shall be:
- (Mr./ Raed Albarakati), (membership status: Dependent)
- (Mr./ Abdullah AlFaris), (membership status: Dependent)
- (Mrs./ Amal Alahmad), (membership status: Dependent)
- (Mr./ Abdullah Alshubaily), (membership status: Independent)
Wednesday , 01 April 2026
Announcement by The Riyad Capital that The Riyad Sharia Opportunities Fund annual reports, including the annual audited financial statements, for the period ended on 31/12/2025 are available to the public
The Riyad Capital announces that The Riyad Sharia Opportunities Fund annual reports, including the annual audited financial statements, for the period ended on 31/12/2025.
Net assets on the end of period of 197,254,326 SAR.
Total expenses and fees for the year/period 6,267,057 SAR.
Net profit (loss) for the year/period of -27,098,737 SAR.
Number of outstanding units at the end of period 21,768,725.43 (units)
Net asset value for the unit in 9.06 SAR
Revenue of the period -11.34%
Wednesday, 14 January 2026
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Sharia Opportunities Fund for the period ending on 31/12/2025
The Riyad Capital announces that the quarterly statement of The Riyad Sharia Opportunities Fund for the period ending on 31/12/2025 A copy of the quarterly statement can be retrieved in Riyad Capital website in the link
Thursday , 18 December 2025
Announcement by Riyad Capital regarding an update of the terms and conditions of Riyad Shariah Opportunities Fund
Riyad Capital announces an update of the terms and conditions of Riyad Shariah Opportunities Fund, as of (27/06/1447 H.), corresponding to (18/12/2025 G.).
A summary of the main updated items are as follows:
- Updating subparagraphs (a, b, and f) of main paragraph (24) "Fund Board", to reflect the change in the membership of Mr. Abdullah Al-Shubaily from non-independent member to independent member.
The updated terms and conditions can be found in the attached file.
Thursday , 04 December 2025
Announcement by Riyad Capital regarding the details of non-fundamental changes to Riyad Shariah Opportunities Fund
Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Riyad Shariah Opportunities Fund, such changes will become effective on (27/06/1447 H.), corresponding to (18/12/2025 G.).
The details of the non-fundamental changes are as follows:
- Updating subparagraphs (a, b, and f) of main paragraph (24) "Fund Board", to reflect the change in the membership of Mr. Abdullah Al-Shubaily from non-independent member to independent member.
Tuesday , 14 October 2025
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Sharia Opportunities Fund for the period ending on 30/09/2025
The Riyad Capital announces that the quarterly statement of The Riyad Sharia Opportunities Fund for the period ending on 30/09/2025 A copy of the quarterly statement can be retrieved in Riyad Capital website in the link
Wednesday, 10 September 2025
Announcement by Riyad Capital regarding a change of the membership of the Board of Directors of Riyad Sharia Opportunities Fund
Riyad Capital announces a change in the membership of the Board of Directors of Riyad Sharia Opportunities Fund due to resignation of board member (Mr. Faisal AlMekanzi) (membership status: Independent), from (23/03/1447 H.), corresponding to (15/09/2025 G.). The formation of the Board of Directors, after the change, shall be:
- (Mr./ Raed Albarakati), (membership status: Dependent)
- (Mr./ Abdullah AlFaris), (membership status: Dependent)
- (Mrs./ Amal Alahmad), (membership status: Dependent)
- (Mr./ Abdullah Alshubaily), (membership status: Dependent)
- (Mr./ Sattam Al Suwailem), (membership status: Independent)
Monday, 11 August 2025
The Riyad Capital announces that the interim financial statements of The RIYAD SHARIA OPPORTUNITIES FUND for the period ending on 30/06/2025. The following is the summary of the interim financial results of the period:
- Net assets on the end of period of 212,161,968 (SAR).
- Total expenses and fees for the period (3,452,947) (SAR).
- Net profit (loss) for the period of (18,111,865) (SAR).
- Number of outstanding units in the end of period 22,400,790.81 (units).
- Net asset value for the unit in 9.47 (SAR)
- Revenue of the period -8.01%
To view the financial statements, please click on the following attachment.
Monday, 14 July 2025
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Sharia Opportunities Fund for the period ending on 30/06/2025
The Riyad Capital announces that the quarterly statement of The Riyad Sharia Opportunities Fund for the period ending on 30/06/2025 A copy of the quarterly statement can be retrieved in Riyad Capital website in the link
Tuesday , 15 April 2025
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Sharia Opportunities Fund for the period ending on 31/03/2025
The Riyad Capital announces that the quarterly statement of The Riyad Sharia Opportunities Fund for the period ending on 31/03/2025 A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link
Saturday, 29 March 2025
Announcement by The Riyad Capital that The Riyad Sharia Opportunities Fund annual reports, including the annual audited financial statements, for the period ended on 31/12/2024 are available to the publicThe Riyad Capital announces that The Riyad Sharia Opportunities Fund annual reports, including the annual audited financial statements, for the period ended on 31/12/2024.
- Net assets on the end of period of (255,326,576) SAR.
- Total expenses and fees for the year/period (- 8,292,345) SAR.
- Net profit (loss) for the year/period of (-63,997,435)SAR.
- Number of outstanding units at the end of period (24,798,655.98) (units)
- Net asset value for the unit in 10.30 SAR
- Revenue of the period -13.62%.
Wednesday, 26 March 2025
Announcement by Riyad Capital regarding the details of non-fundamental changes to Riyad Sharia Opportunities Fund
Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Riyad Sharia Opportunities Fund, such changes will become effective on (03/11/1446 H.), corresponding to (01/05/2025 G.).
The details of the non-fundamental changes are as follows:
-
Updating the schedule of payments from the Fund's assets in relation to financing costs, auditor fees, Zakat and tax advisor fees, benchmark fees, remuneration of the Fund's board members, Sharia Committee fees, Sharia audit fees, expenses of unit holders’ meetings, and the other expenses;
-
Amending the minimum initial subscription, additional subscription and redemption and removing the minimum balance.
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Updating the Fund's Board of Directors information related to some of the Board members.
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Appointing of Shariah Supervisory Committee for the fund and adding the related information.
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Appointing of fund Auditor for the fund and adding the related information;
Wednesday, 26 March 2025
Announcement by Riyad Capital regarding an update of the terms and conditions of Riyad Sharia Opportunities Fund
Riyad Capital announces an update of the terms and conditions of Riyad Sharia Opportunities Fund, as of (03/11/1446 H.), corresponding to (01/05/2025 G.).
A summary of the main updated items are as follows:
-
Updating the schedule of payments from the Fund's assets in relation to financing costs, auditor fees, Zakat and tax advisor fees, benchmark fees, remuneration of the Fund's board members, Sharia Committee fees, Sharia audit fees, expenses of unit holders’ meetings, and the other expenses;
-
Amending the minimum initial subscription, additional subscription and redemption and removing the minimum balance.
-
Updating the Fund's Board of Directors information related to some of the Board members.
-
Appointing of Shariah Supervisory Committee for the fund and adding the related information.
-
Appointing of fund Auditor for the fund and adding the related information;
The updated terms and conditions can be found in the attached file. Click here
Tuesday , 14 January 2025
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Sharia Opportunities Fund for the period ending on 31/12/2024
The Riyad Capital announces that the quarterly statement of The Riyad Sharia Opportunities Fund for the period ending on 31/12/2024 A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link
Monday , 14 October 2024
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Sharia Opportunities Fund for the period ending on 30/09/2024
The Riyad Capital announces that the quarterly statement of The Riyad Sharia Opportunities Fund for the period ending on 30/09/2024 A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link
Sunday , 11 August 2024
Announcement by The Riyad Capital for providing the public with the interim financial statements of The RIYAD SHARIA OPPORTUNITIES FUND for the period ending on 30/06/2024 are available to the public.
The Riyad Capital announces that the interim financial statements of The RIYAD SHARIA OPPORTUNITIES FUND for the period ending on 30/06/2024. The following is the summary of the interim financial results of the period:
- Net assets on the end of period of (354,857,148) (SAR).
- Total expenses and fees for the period (4,036,414) (SAR).
- Net profit (loss) for the period of (10,684,247) (SAR).
- Number of outstanding units in the end of period (29,074,882.54) (units).
- Net asset value for the unit in 12.20 (SAR)
- Revenue of the period 2.40%.
Sunday , 14 July 2024
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Sharia Opportunities Fund for the period ending on 30/06/2024
The Riyad Capital announces that the quarterly statement of The Riyad Sharia Opportunities Fund for the period ending on 30/06/2024 A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link:
https://www.riyadcapital.com/documents/671358/4440768/Riyad+Sharia+Opportunities+Fund+Q1+2024+EN.pdf/249bc287-7ea8-d767-9e2f-7604adf35796?t=1713692276394
Sunday , 21 April 2024
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Sharia Opportunities Fund for the period ending on 31/03/2024
The Riyad Capital announces that the quarterly statement of The Riyad Sharia Opportunities Fund for the period ending on 31/03/2024 A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link:
https://www.riyadcapital.com/documents/671358/4440768/Riyad+Sharia+Opportunities+Fund+Q1+2024+EN.pdf/249bc287-7ea8-d767-9e2f-7604adf35796?t=1713692276394
Thursday, 28 March 2024
Announcement by The Riyad Capital that The Riyad Sharia Opportunities Fund annual reports, including the annual audited financial statements, for the period ended on 31/12/2023 are available to the public
The Riyad Capital announces that The Riyad Sharia Opportunities Fund annual reports, including the annual audited financial statements, for the period ended on 31/12/2023.
Net assets on the end of period of (124,538,539) SAR.
Total expenses and fees for the year/period ( 641,069) SAR.
Net profit (loss) for the year/period of 19,815,224SAR.
Number of outstanding units at the end of period (10,448,842.79) (units)
Net asset value for the unit in 11.92SAR
Revenue of the period 19.19% .
A copy of the annual report can be retrieved in Riyad Capital website in the following link:
https://www.riyadcapital.com/documents/671358/4867179/Annex+3+Annual+report+RIYAD+SHARIA+OPPORTUNITIES+FUND+2023.pdf/5bac5339-edcb-9d1c-64de-49c00d2202f6?t=1711622697025
Sunday, 14 January 2024
Announcement by the Riyad Capital the availability of the quarterly statement of Riyad Sharia Opportunities Fund for the period ending on 31/12/2023
The Riyad Capital announces that the quarterly statement of The Riyad Sharia Opportunities Fund for the period ending on 31/12/2023 A copy of the quarterly statement can be retrieved in Riyad Capital website in the following link:
https://www.riyadcapital.com/ar/asset-management/public-funds/
Wednesday, 27 December 2023
Announcement by Riyad Capital regarding the details of non-fundamental changes to Riyad Sharia Opportunities Fund
Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Riyad Sharia Opportunities Fund, such changes will become effective on (29/06/1445 H.), corresponding to (11/01/2024 G.).
The details of the non-fundamental changes are as follows:
- Appointing a zakat and tax advisor for the fund and adding the related information;
- Adding regulatory disclosures related to Zakat;
- Adding the zakat and tax advisor’s expenses to the schedule of fees and expenses;
- Reconstitution of the Fund’s Board of Directors
Wednesday, 27 December 2023
Announcement by Riyad Capital regarding an update of the terms and conditions of Riyad Sharia Opportunities Fund
Riyad Capital announces an update of the terms and conditions of Riyad Sharia Opportunities Fund, as of (29/06/1445 H.), corresponding to (11/01/2024 G.).
A summary of the main updated items are as follows:
Riyad Capital announces an update of the terms and conditions of Riyad Sharia Opportunities Fund, as of (29/06/1445 H.), corresponding to (11/01/2024 G.).
A summary of the main updated items are as follows:
- Appointing a zakat and tax advisor for the fund and adding the related information;
- Adding regulatory disclosures related to Zakat;
- Adding the zakat and tax advisor’s expenses to the schedule of fees and expenses;
- Reconstitution of the Fund’s Board of Directors
The updated terms and conditions can be found in the attached file. Click here
Monday, 11 December 2023
Announcement by Riyad Capital regarding a change of the membership of the Board of Directors of Riyad Sharia Opportunities Fund
Riyad Capital announces a change in the membership of the Board of Directors of Riyad Sharia Opportunities Fund due to resignation of board member (Mr. Abdulrahman Al-Mashal) (membership status: Dependent), from (07/04/1445 H.), corresponding to (22/10/2023 G.), and appointment of board member (Mrs./ Amal Alahmad), (membership status: Dependent), and appointment of board member (Mr./ Abdullah Alshubaily), (membership status: Independent), from (09/04/1445 H.), corresponding to (24/10/2023 G.). The formation of the Board of Directors, after the change, shall be:
- (Mr./ Raed Albarakati), (membership status: Dependent)
- (Mr./ Abdullah AlFaris), (membership status: Dependent)
- (Mrs./ Amal Alahmad), (membership status: Dependent)
- (Mr./ Abdullah Alshubaily), (membership status: Independent)
- (Mr./ Faisal AlMekanzi), (membership status: Independent)
- (Mr./ Sattam Al Suwailem), (membership status: Independent)
29/11/2023
Announcement by (Riyad Capital) regarding the wrong pricing of the units of the Riyad Sharia Opportunities Fund
Riyad Capital Company announces a wrong pricing of units of Riyad Sharia Opportunities Fund, during of the period (1day on 23/11/2023), The following is the total assets and the unit price after correction:
- Total Assets (117,325,396.31) SAR
- Unit price (10.54404) SAR
- Percentage of error in the unit price (4.81) %
- Date of wrong pricing announcements (26/11/2023) Corresponding to (12/05/1445 H)
All affected unitholders will be compensated (including former unitholders) for all pricing errors without delay. Should you need further clarification,
Please contact us by (phone number 920012299 / email ask@riyadcapital.com)
24 -October-2023
Announcement by Riyad Capital regarding the results of the initial public offer of Riyad Opportunities Sharia Fund
Riyad Capital announces the results of initial public offer of Riyad Opportunities Sharia Fund as follows:
- The date of the end of the offering: 23/10/2023
- The collected amount: SR 101,171,195.29
- Date of fund operation: 24/10/2023