Kamco Investment Company announces the approval of the Fund’s Board of Directors of a non- fundamental change to the Kamco SAR Murabha Fund, such change will become effective on (03/04/1448 H), corresponding to (14/09/2026 G.)
The details of the non-fundamental change are follows: (Reduction of the Fund’s external auditor fees from SAR 56,650 to SAR 25,000, in addition to a reduction in the Zakat service fees from SAR 13,000 to SAR 9,000, exclusive of 15% Value Added Tax (VAT).
Furthermore, PricewaterhouseCoopers (PwC) has been appointed as the Fund’s certified Zakat advisor for the purpose of preparing the required Transfer Pricing disclosures, in accordance with the regulatory requirements issued by the Zakat, Tax and Customs Authority (ZATCA). The Transfer Pricing service fees have been set at SAR 6,000, in addition to 15% value-added tax fees.)
Unitholders have the right to redeem their units before any non-material change is effective without incurring any redemption fees.