Download Saudi Arabia Mutual Fund Market Opportunity Outlook 2022 Report

“Saudi Arabia Mutual Fund Market Opportunity Outlook 2022” report highlights the current transformation in the mutual fund market in Saudi Arabia. Currently the total assets under management by fund managers in Saudi Arabia are valued at more than US$ 23 Billion. Majority of the funds have allocated in domestic assets valued at US$ 19 Billion and foreign assets accounts for close to US$ 4 Billion. This report gives comprehensive insight on the mutual fund assets allocation by fund type, open and close ended schemes, number of subscribers and operational schemes, open and closed ended funds, Sharia Funds and the current regulatory landscape in the Saudi Arabia.

The concept of mutual fund was first familiarized in Saudi financial industry by National Commercial Bank in 1979 through its open-ended Al-Ahli Short Term Dollar Fund. The program was aimed at smaller investors, particularly small workers and thus, experienced a fast success due to lesser service charge, easy entry and improvement. Over the years, the public interest in the investment policy has risen to a great extent.

History has shown a changing trend of mutual fund market in Saudi finance industry. Saudi investors moved out of mutual fund market segment to try direct investing in the stock market during 2006. However, they reverted back to the mutual funds in very next year. The reasons behind this switch is considered to be high rise in Saudi share prices as compared to international equity market, rising demand of Islamic funds and growing number of expertise for independent management over time amongst Saudi banks. History also narrates the demand of pension by small workers whether in private or government sector in early times but presently, increasing number of Saudis are willing to invest in these funds for their retirement hedging.

Saudi Arabia mutual fund market has shown a tremendous rise in the market potential and financial benefits to its citizens. The kingdom has experienced significant changes in the total number of mutual fund programs and thus, the industry has evolved as a secure financial investment option. In 2016, Saudi accounts for more than 270 mutual funds managed by more than 40 fund managers. More than 60% of the mutual funds schemes operating in Saudi Arabia are Sharia compliant.

The growth of mutual funds in Saudi Arabia has been impressive over a short period of time. Initially, the focus was on private bank investors, but later all Saudi banks started paying attention to other sectors as well including middle income and top-tier expatriates. Soon, competition amongst banks has become more serious and started developing in-house expertise for managing funds whereas, other started strategic alliances with international investment agents for designing new investment programs for domestic clients.

The prominent Islamic institutions have also started to widen their coverage across financial instruments to serve the more sophisticated and ethical approach to investment programs for the citizens of the state. In addition to financial deposits and basic savings and current accounts, Islamic institutions implemented several investment schemes which are targeted to manage the savings of the citizens related to the Sharia law.

“Saudi Arabia Mutual Fund Market Opportunity Outlook 2022” Report Highlights:

Financial Sector and Mutual Fund Market Overview
Mutual Fund Program and Managers
Mutual Fund Asset Allocation
Saudi Arabia: Special Purpose Vehicles
Bonds Market: Sukuks vs. Conventional Bonds
Mutual Fund Market Regulatory Authorities
Mutual Fund Market Future Forecasts
Mutual Fund Market Competitive Landscape

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1. Saudi Arabia Financial Sector Overview

2. Saudi Arabia Stock Market and Exchange Overview

3. Saudi Arabia Mutual Fund Market Overview

4. Saudi Arabia Mutual Fund Program and Managers
4.1 Fund Managers and Companies
4.2 Types of Mutual Funds

5. Saudi Arabia Mutual Fund Asset Allocation
5.1 Market Overview
5.2 Mutual Fund Market Indicators
5.2.1 Asset Allocation by Fund Type
5.2.2 Asset Allocation by Domestic and Foreign Funds
5.2.3 Asset Allocation by Open and Close Ended Funds
5.2.4 Number of Subscriber and Funds
5.3 Types of Mutual Fund
5.3.1 Sharia Compliant Mutual Funds
5.3.2 Conventional Mutual Funds

6. Why Sharia Compliant Funds are Preferred?
6.1 Favorable Factors
6.2 Sharia Funds in Saudi Market

7. Saudi Arabia: Special Purpose Vehicles (SPVs)

8. Saudi Arabia Bonds Market: Sukuks vs. Conventional Bonds


9. Saudi Arabia Mutual Fund Market Regulatory Authorities
9.1 Saudi Arabia Monetary Agency (SAMA)
9.1.1 The Agreement of Saudi Arabian Monetary Agency-1957
9.1.2 Regulating Money Changing Businesses-1981
9.1.3 Regulations of Investment Funds and Collective Investment Schemes-1993
9.1.4 Banking Control Law-1965 (Revised in 2003)
9.2 Capital Market Authority
9.2.1 Security Depository Centre

10. Saudi Arabia Mutual Fund Market Dynamics
10.1 Fast Growing and Emerging Market
10.2 Low risk and High Credit Quality
10.3 Low Inflation Rates in the Kingdom
10.4 Digital Revolution

11. Challenges Faced by Saudi Arabia Mutual Fund Market

12. Saudi Arabia Mutual Fund Market Future Forecasts

13. Saudi Arabia Mutual Fund Market Policy Framework
13.1 Capital Market Law by CMA
13.1.1 Security Depository Centre
13.1.2 Broker’s Regulation
13.1.3 Investment Funds and Collective Investment Schemes
13.1.4 Disclosure
13.1.5 Manipulation and Insider Training
13.1.6 Regulation of Proxy Solicitation, Restricted Purchase and Restricted Offer for
Shares
13.1.7 Sanctions and Penalties for Violations
13.2 Investment Fund Regulations by CMA
13.2.1 Fund Management and Duties of a Fund Manager
13.3 Charter of Saudi Arabia Monetary Agency (SAMA)
13.3.1 Anti-Forgery Law
13.3.2 Anti-Money Laundering Law
13.3.3 Currency Law
13.3.4 Banking Control Law

14. Saudi Arabia Mutual Fund Market Competitive Landscape
14.1 NCB Capital Company
14.2 HSBC Saudi Arabia Limited
14.3 Riyad Capital Company
14.4 ALBILAD Investment
14.5 Al Rajhi Capital
14.6 Alawwal Capital Company
14.7 Alinma Investment Company
14.8 Aljazira Capital
14.9 Arab National Investment Company
14.10 Jadwa Investment
14.11 Saudi Fransi Capital
14.12 Samba Capital and Investment Co.
14.13 KSB Capital Group
14.14 Saudi Hollandi Capital
14.15 Alistithmar for Financial Securities and Brokerage

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