News

Kamco Investment Company announces an update of the terms and conditions of the Kamco Saudi Equity Fund as of (18/02/1446 H) corresponding to (22/08/2024 G.) A Summary of the main updated items are as follows: (Appointing PwC as the Zakat Advisor for the purpose of calculating the Fund’s Zakat for the current year 2024 AD, after the expiration of the Zakat Advisor services contract for the purpose of calculating the Fund’s Zakat with the current Zakat Advisor, Sultan Mohammed Al Sultan & Partners Professional Consulting Company. And changing the Zakat Advisor fees from 7,000 Saudi Riyals to 13,000 Saudi Riyals, in addition to 15% value-added tax fees).

The updated terms and conditions can be found in the attached file.