AlBilad Investment Co. Gets Saudi CMA Approval for Fund Offering

12:23 AM EDT, 07/24/2026 (MT Newswires) -- Bank Albilad (SASE:1140) unit AlBilad Investment Co secured approval from Saudi Arabia's Capital Market Authority for the public offering of the Saudi Center for Quran Recitations and Prophetic Hadiths endowment fund. The regulator's approval does not imply a recommendation to subscribe to the fund and only confirms satisfaction of legal and regulatory requirements, according to a Thursday notice.