In The News
Chimera launches Shariah-compliant exchange traded fund
Trade Arabia
Chimera Capital, an Abu-Dhabi-based investment management firm, has launched the Chimera S&P KSA Shariah Compliant Exchange Traded Fund, a physical, in-kind, liquid and fully fungible exchange-traded fund (ETF).
Read MoreAbu Dhabi-based Chimera Capital launches Shariah-compliant ETF
Citywire
Chimera Capital has launched its Chimera S&P KSA Shariah-compliant exchange-traded fund (ETF). The ETF is the second Shariah-compliant sub-fund of the Chimera Umbrella Fund to track an S&P Dow Jones Indices Shariah-compliant index.
Read MoreChimera Capital LLC launches Shariah-compliant exchange traded fund tracking the S&P Saudi Arabia Shariah Index
Zawya
Chimera Capital LLC, an Abu-Dhabi-based investment management firm and subsidiary of Chimera Investment LLC, announced today the launch of its Chimera S&P KSA Shariah Compliant Exchange Traded Fund (Bloomberg: CHSASHIN).
Read MoreChimera Capital LLC launches Shariah-compliant ETF tracking the S&P Saudi Arabia Shariah Index
ETF Express
Chimera Capital LLC has launched the Chimera S&P KSA Shariah Compliant Exchange Traded Fund (Bloomberg: CHSASHIN), a physical, in-kind, liquid and fully fungible ETF.
Read MoreChimera launches Shariah-compliant Saudi Arabia ETF in Abu Dhabi
ETF Strategy
Abu-Dhabi-based investment manager Chimera Capital has introduced the Chimera S&P KSA Shariah ETF providing exposure to Shariah-compliant companies listed in the Kingdom of Saudi Arabia.
Read More“Chimera Capital” launches an ETF affiliated with Saudi “S&P”
Saudi 24 News
Chimera Capital, a company specialized in establishing and managing investment funds, headquartered in Abu Dhabi and a subsidiary of Chimera Investment Company, announced the launch of the Chimera Standard & Poor’s Saudi Sharia Traded Fund – Tranche (B) – with a distributed return, which is a transparent ETF and its units are fully exchangeable.
Read MoreCHIMERA CAPITAL’S NEW SAUDI-FOCUSSED ETF TO LIST ON ADX
Gulf News
The Abu Dhabi based investment company Chimera Capital has launched a Shariah-based Saudi-focused ETF (Exchange Traded Fund). The Chimera S&P KSA Shariah ETF will be listed on Abu Dhabi Securities Exchange (ADX).
Read MoreChimera Capital launches an ETF tracking the S&P Saudi Arabia Shariah Index
Albayan
Chimera Capital, a company specialized in establishing and managing investment funds, headquartered in Abu Dhabi and a subsidiary of Chimera Investment Company, announced the launch of the Chimera S&P KSA Sharia ETF – Share Class B.
Read MoreSwvl, Kitopi Backer Chimera Capital hits second close for maiden VC fund
The Capital Quest
Chimera Capital has marked the second close of its maiden venture capital fund after topping its primary investment target of $50 million. The VC fund has so far invested in several marquee businesses, such as Coursera, Swvl, Divvy and Kitopi, with an eye to further invest in 12-15 fintech, health-tech and ed-tech startups across several regions.
Read MoreChimera Capital’s First Venture Capital Fund, Reaches USD 50 Million
Alkhaleej
Chimera Capital, a company specialized in establishing and managing investment funds, and a subsidiary of Chimera Investment, achieves second close of Chimera Global Fund I LP surpassing its initial target of USD 50 million.
Read MoreChimera Capital Announces the launch of its first VC fund, which exceeded $50 million at its second closing
Zawya
Chimera Capital, an asset management firm and subsidiary of Chimera Investments LLC, announced the completion of its VC fund’s second closing, overtopping its preliminary investment goal of $50 million. Chimera Global Fund I LP’s portfolio encompasses a multitude of prominent companies, operating in high growth industries across various regional markets.
Read MoreChimera Capital’s first VC fund exceeds initial target of USD 50 million
Private Equity Wire
Chimera Investments LLC’s subsidiary, the ADGM regulated fund manager Chimera Capital has held the second close of its Chimera Global Fund I LP, surpassing its initial target $50 million as the fund continues to invest in distinguished companies across various regions, delivering on Chimera Capital’s strategy to expand each region’s investment scope.
Read MoreChimera Capital’s closes $50 million second fund
Wamda
Abu Dhabi’s Chimera Capital, a subsidiary of private investment firm Chimera Investments LLC, achieved a second close of its Global Fund I LP, surpassing its initial target of $50 million. The fund aims to provide superior risk-adjusted returns for investors seeking access to a portfolio of investments at various stages that are geographically well-diversified.
Read MoreChimera Capital’s Chimera Global Fund I LP exceeds $50 million
Magnitt
In its second official closing of Chimera Global Fund I LP, Chimera Capital - an ADGM-regulated fund manager and wholly-owned subsidiary of Chimera Investments LLC, the Abu Dhabi based private investment firm managing a diversified portfolio of global private equities, exceeded its initial investment target of $50 million.
Read MoreChimera Capital ETF’s AUM crosses AED 100 million
City Wire Middle East
The Abu-Dhabi-based asset management firm, a wholly-owned subsidiary of Chimera Investment LLC, announced that the surge in AUM over AED 100 million came just before the ETF’s one year anniversary since its listing on the Abu Dhabi Exchange (ADX) and Dubai Financial Market (DFM).
Read MoreChimera Capital’s ETF Reports AUM of AED 115 million
Al Khaleej
Chimera Capital’s ETF recorded AED 115 million in AUMs in August of 2021, up from the AUMs figure of AED 100 million registered in July 2021. The overvaluation of AED 100 million just one year after the ETF’s listing reflects growing investor demand and interest to take advantage of the country’s solid economic potential.
Read MoreChimera Capital’s ETF hits AED 100 million in AUM in under a year from its launch – Investors benefiting from cost-effective alternative products and strong market conditions
Zawya
Chimera Capital announced that its S&P UAE Shariah Exchange Traded Fund (ETF) outdistanced AUMs of AED 100 million ($27.2 million) in July 2021, demonstrating the growing interest from investors seeking to capitalize on the UAE economy’s strong prospects.
Read MoreChimera Capital’s S&P UAE Shariah ETF records total assets under management of AED 100 million
Argaam
Chimera Capital, specialized in establishing and managing investment funds, and a wholly-owned subsidiary of Abu Dhabi’s Chimera Investments LLC, announced that the value of its ETF’s assets under management exceeded AED 100 million ($27.2 million) during the month of July 2021. The Exchange Traded Fund, which follows the S&P Shariah Compliance index in the UAE, was listed in the Abu Dhabi Exchange and the Dubai Financial Market in July 2020 with AUM of AED 2 million.
Read MoreAbu Dhabi’s Chimera Capital’s ETF has hit AED 100 million in Assets Under Management just short of its one-year anniversary
Arabian Business
Chimera Capital’s asset management fund, the MENA region’s third-largest equity ETF, has surpassed AED 100 million in Assets Under Management (AUM) amid growing investor appetite for innovative investment tools in the region.
Read MoreChimera Capital’s first VC fund marks a close of $50 million
Al Khaleej
Chimera Capital Limited launches the Chimera S&P UAE UCITS ETF, which replicates and tracks the performance of the S&P UAE BMI Liquid 30/35 Index. Seif Fikry, the CEO of Chimera, commented on the opportunities the fund unlocks for prospective investors in the region.
Read MoreChimera Capital launches the Chimera S&P UAE UCITS ETF
CNBC Arabiya
Chimera Capital has announced the second closing of its VC fund, Chimera Global Fund I LP, above its initial investment target of $50 million. The fund aims to generate high returns for investors looking to capitalize on the unique growth prospects and geographical diversity of the fund’s investment portfolio.
Read MoreChimera Capital launches the Chimera S&P UAE UCITS ETF on the ADX
Dubai TV
The CEO of Chimera Capital, Seif Fikry, said that the launch of the fund has been a milestone for the company and that it is a testament to Chimera’s ability to not only manage and operate local funds, but also internationally regulated funds from Europe and the United States.
Read MoreChimera Capital Limited lists an exchange-traded fund tracking the performance of liquid UAE listed stocks on DFM
Government of Dubai Media Office
Seif Fikry, Chief Executive Officer (CEO) of Chimera Capital Limited, an Abu-Dhabi-based asset management firm and subsidiary of Chimera Investments LLC, today rang the Dubai Financial Market (DFM) market-opening bell to celebrate the listing of Chimera S&P UAE UCITS ETF (Bloomberg: CHAE), on the DFM under the trading symbol (CHAE).
Read MoreFekry for Al Sharq: The Chimera Capital fund is anticipating flows of AED 8 million
Bloomberg Asharq
The CEO of Chimera Capital Limited, Seif Fikry, said that the company has listed the Chimera S&P UAE UCITS ETF. Fikry indicated that on its first trading session, the fund has seen over AED 1.5 million in volume and is anticipating to close at inflows between AED 5 million and AED 8 million.
Read MoreADX lists Chimera S&P UAE UCITS ETF Fund
Mubasher
The Abu Dhabi Securities Exchange (ADX) has announced the listing of Chimera S&P UAE UCITS ETF Share Class D – Income under the market symbol (CHAEIN) starting from Tuesday, 23 February. The index is comprised of the largest and most liquid stocks in the UAE.
Read MoreChimera Capital lists the second exchange traded fund on the ADX
Bloomberg Asharq Business
Abu Dhabi Securities Exchange (ADX) has broadened its offering of products and services further with the listing of Chimera S&P UAE UCITS ETF under the trading symbol (CHAEIN), a liquid, fully fungible, fully tradeable, and transparent exchange-traded fund (ETF), a sub-fund of the recently launched Chimera UCITS ICAV.
Read MoreChimera’s AED 110.6 million fund trades on the ADX and DFM
Al Khaleej
Seif Fikry, CEO of Chimera Capital, revealed that the company’s first traded fund has been registered as primary and secondary trading with more than 110.6 million dirhams, including 102.3 million dirhams on the Abu Dhabi Stock Exchange and 8.3 million dirhams on the Dubai Financial Market
Read MoreAbu Dhabi's Chimera Capital lists new ETF on DFM
Zawya
UAE-based asset management firm Chimera Capital listed its exchange-traded fund (ETF) on the Dubai Financial Market (DFM) on Wednesday. The Chimera S&P UAE UCITS ETF has been designed to track the performance of the S&P UAE BMI Liquid 20/35 Capped Index, which includes the largest stocks by capitalization in the UAE.
Read MoreChimera Capital Limited launches and lists an exchange-traded fund tracking the performance of liquid UAE listed stocks on ADX
Zawya
Chimera Capital Limited announces today the launch and listing of its Chimera S&P UAE UCITS ETF (Bloomberg: CHAEIN). The fund has been designed to track the performance of the S&P UAE BMI Liquid 20/35 Capped Index (Bloomberg: SPUAECAP), an index provided by S&P Dow Jones Indices which seeks to measure the performance of liquid UAE listed stocks. The index includes the largest stocks by capitalization in the United Arab Emirates, providing exposure to the UAE economy.
Read MoreChimera Capital unveils UAE equity ETF
ETF Strategy
Abu Dhabi-based asset manager Chimera Capital has unveiled a new ETF in the United Arab Emirates providing exposure to companies listed on the federation’s three domestic stock exchanges. The fund tracks the S&P UAE BMI Liquid 20/35 Capped Index using direct physical replication. The index, created by S&P Dow Jones Indices, measures the performance of UAE-listed stocks with sufficient liquidity while limiting concentration in the largest constituents.
Read MoreChimera Capital launches ETF tracking performance of liquid UAE listed stocks on ADX
ETF Express
Chimera Capital has launched the Chimera S&P UAE UCITS ETF, a liquid, fully fungible, fully tradable, and transparent exchange-traded fund (ETF). The fund has been designed to track the performance of the S&P UAE BMI Liquid 20/35 Capped Index (Bloomberg: SPUAECAP), an index provided by S&P Dow Jones Indices which seeks to measure the performance of liquid UAE listed stocks.
Read MoreTap into UAE blue-chip stocks the 'ETF' way as Chimera closes second fund
Gulf News
Chimera has given investors the opportunity to access some of the most heavily traded UAE stocks via an ETF – the Chimera S&P UAE UCITS ETF that replicates and tracks the performance of the S&P UAE BMI Liquid 30/35 Index.
Read MoreChimera Capital’s ETF hits trade value of AED 82 million on the ADX
Al Ittihad
Chimera Capital’s Exchange Traded Fund recorded a turnover of over AED 81.9 million on the Abu Dhabi Exchange, and AED 3.5 million in the Dubai Financial Market since its listing in July 2020, on the back of the increase in innovative investment instruments.
Read MoreAssets of UAE's first ETF climb above Dh50m just six months after its listing
The National
Assets managed by the Chimera S&P UAE Shariah Exchange Traded Fund climbed to more than Dh50 million ($13.6m) just six months after the UAE’s first ETF started trading on the country’s two stock exchanges. The ETF now ranks as the third-largest in the Middle East and North Africa region, Abu Dhabi-based asset management firm Chimera Capital said in a statement on Monday.
Read MoreChimera Capital’s ETF Surpasses Dh 50 Million AUM Milestone in Only Six Months
Albawaba
In a strong sign of the popularity in its ETF, Chimera Capital LLC, an Abu Dhabi-based asset management firm, announces today that it has surpassed AED 50 million (USD 13.6 million) in assets under management (AUM) in its Chimera S&P UAE Shariah Exchange Traded Fund (ETF).
Read MoreChimera Capital’s ETF surpasses AED 50 million AUM milestone in only six months
ETF Express
Abu Dhabi-based asset management firm Chimera Capital has surpassed AED50 million (USD13.6 million) in assets under management (AUM) in its Chimera S&P UAE Shariah Exchange Traded Fund (ETF).
Read MoreChimera Capital's ETF exceeds AED 50 m in assets under management
Mubasher
Chimera S&P UAE Shariah Exchange Traded Fund (ETF), owned by Chimera Capital, has exceeded AED 50 million ($13.6 million) in assets under management (AUM) in six months. Listed on the Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) in August 2020, the Chimera S&P UAE Shariah ETF became the third-largest ETF listed in the MENA region, according to a press release on Monday. Chimera Capital's ETF tracks the S&P UAE Domestic Shariah Liquid 35/20 Capped Index.
Read MoreChimera Capital's ETF surpasses AED 50 million AUM milestone in only six months
Zawya
The Chimera S&P UAE Shariah ETF is ranked amongst the top three largest ETFs listed in the MENA's stock exchanges.
Read MoreChimera Capital's ETF assets under management surpass AED 50 million in just six months
Arabian Business
Chimera Capital LLC announces today that it has surpassed AED 50 million (USD 13.6 million) in assets under management (AUM) in its Chimera S&P UAE Shariah Exchange Traded Fund (ETF).
Read MoreCEO of Chimera Capital: ETF’s trading volume on ADX reaches AED 82 million
Al Ittihad
The Chimera S&P UAE Shariah Exchange Traded Fund (ETF) recorded primary and secondary trading in excess of AED 81.9 million on the Abu Dhabi Securities Exchange (ADX) and AED 3.5 million on the Dubai Financial Market (DFM).
Read MoreChimera Capital's ETF assets surpass AED50 million mark in six months
Sanadeq
Abu Dhabi-based asset management firm Chimera Capital has surpassed AED 50 million (USD 13.6 million) in assets under management (AUM) in its Chimera S&P UAE Shariah Exchange Traded Fund (ETF).
Read MoreChimera Capital's ETF assets amount to AED 50 million
Al Bayan
Chimera Capital LLC announces today that it has surpassed AED 50 million in assets under management (AUM) in its Chimera S&P UAE Shariah Exchange Traded Fund (ETF). The fund tracks the S&P UAE Domestic Shariah Liquid 35/20 Capped Index (Bloomberg: SPSHDAAN).
Read MoreChimera Capital: Assets managed by the Chimera S&P UAE Shariah Exchange Traded Fund climbed to more than Dh 50 million.
Argaam
Abu Dhabi-based asset management firm Chimera Capital has surpassed AED 50 million (USD 13.6 million) in assets under management (AUM) in its Chimera S&P UAE Shariah Exchange Traded Fund (ETF). The Chimera S&P UAE Shariah ETF tracks the S&P UAE Domestic Shariah Liquid 35/20 Capped Index (SPSHDAAN) and is the first sub-fund of the Chimera Umbrella Fund, the first fund of its kind that was authorised from Securities and Commodities Authority (SCA) of the UAE.
Read MoreInvestment lessons: Now is the time to focus on ETF assets in the MENA region
Gulf Business
Locally-listed ETFs are a simple, cost-effective and efficient investment tool and will increasingly be used as such in the coming months and years.
Read MoreETFs are vital for investment diversification in the region
Al Bayan
Despite the coronavirus pandemic, exchange-traded funds have proven to be a resilient investment product, with investors pledging $428 billion in ETFs so far this year, up 57% compared with the same period last year. This year, with the introduction of local-grown ETFs, it is time for Gulf investors to seize the opportunity to invest in ETF funds.
Read MoreWhy Gulf investors should add ETFs to their portfolios
The National
In March 2020, the Financial Times reported that Covid-19 had put an abrupt halt to the “rapidly expanding $6 trillion ETF industry”. Fear and caution reigned amid concerns about a looming global economic meltdown. However, despite the coronavirus pandemic, exchange-traded funds have proven to be a resilient investment, with investors ploughing $428 billion in new cash in ETFs so far this year, up 57 per cent compared with the same period last year.
Read MoreChimera Capital LLC’s Fund Establishment
Global Legal Chronicle
Herbert Smith Freehills’ has advised Chimera Capital LLC on the establishment of the Chimera Umbrella Fund. Chimera Umbrella Fund is an on-shore public fund pursuing a novel ‘market-first’ exchange-traded fund (“ETF”) structure in the UAE.
Read MoreDFM Welcomes the Listing of Chimera Capital’s ETF
Emarat El Youm
Seif Fikry, the CEO of Chimera Capital, an Abu Dhabi-based asset management firm wholly owned by Chimera Investments, rang the start of the trading bell for its Chimera S&P UAE Shariah ETF – Share Class B on the Dubai Financial Market under the ticker (CHAESHIN).
Read MoreEtisalat and Dubai Islamic Bank Hold Largest Weight on the Chimera S&P UAE Shariah ETF
Al Bayan
Chimera Capital announced that the shares of Emirates Telecommunications Group (Etisalat) and Dubai Islamic Bank hold the largest weight in the Chimera S&P UAE Shariah ETF, at 33.08% and 18.9% respectively. There are four authorized participants for the fund, EFG Hermes, Shuaa Securities, BH Mubasher Financial Services and Arqaam Securities.
Read MoreThe Abu Dhabi Securities Exchange Lists the First Sharia Compliant Index Fund
Al Khaleej
The Abu Dhabi Securities Exchange today listed Chimera Capital's S&P UAE Shariah ETF in the market. The fund was designed to replicate the S&P UAE Domestic Shariah Liquid 35/20 Capped Index. The index is provided by S&P and tracks the performance of Sharia-compliant liquid stocks in the UAE, opening the way to a new and increasingly demanding asset class for investors seeking to enter the UAE market.
Read MoreUAE's First ETF Tracking Sharia-compliant Index Lists on UAE Markets
The National
The UAE's first exchange traded fund tracking a Sharia-compliant index began trading on the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market on Monday. Chimera Capital, an Abu Dhabi-based asset management firm wholly owned by Chimera Investments, listed its Chimera S&P UAE Shariah ETF – Share Class A in Abu Dhabi, ADX said in a filing. A separate listing for Share Class B took place on the DFM.
Read MoreThe Abu Dhabi Securities Exchange Lists the First Sharia Compliant Index Fund
Al Arabiya
The Abu Dhabi Securities Exchange listed the Chimera S&P UAE Shariah ETF, which is designed to replicate the S&P UAE Domestic Shariah Liquid 35/20 Capped Index. The index tracks the performance of Sharia-compliant liquid stocks in the UAE, opening the way to a new and increasingly demanding asset class for investors seeking to open up to the UAE's economy.
Read MoreChimera Capital Lists ETF in Dubai, Abu Dhabi Stock Exchange
Zawya
Abu-Dhabi-based asset management firm and subsidiary of Chimera Investments, Chimera Capital, listed its Umbrella Exchange Traded Fund (ETF) – Chimera S&P UAE Shariah ETF – on Abu Dhabi Securities Exchange and Dubai Financial Market. The fund replicates the S&P UAE Domestic Shariah Liquid 35/20 Capped Index, including the UAE largest stocks by market capitalization. The Class B units have been listed on the DFM under the trading symbol (CHAESHIN).
Read MoreAbu Dhabi Securities Exchange Lists Exchange-Traded Fund Tracking Shariah-Compliant Products
Al Bawaba
Abu Dhabi Securities Exchange (ADX) announced today that Chimera Capital LLC’s Exchange Traded Fund (ETF) has listed on the Exchange. The ETF has been designed to replicate the S&P UAE Domestic Shariah Liquid 35/20 Capped Index.
Read MoreChimera Capital Rings the Opening Bell on the Dubai Financial Market
Al Khaleej
Seif Fikry, the CEO of Chimera Capital, an Abu Dhabi-based asset management firm wholly owned by Chimera Investments, rang the start of the trading bell for its Chimera S&P UAE Shariah ETF. The listing of the ETF marks an important step in line with the market’s strategy to diversify financial instruments by providing investors with a new tool to invest in the UAE’s pool of leading companies.
Read MoreChimera Capital’s S&P UAE Sharia Compliant ETF Lists on the DFM and ADX
Argaam
The Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX) announced today the listing of Chimera Capital’s S&P UAE Sharia Compliant ETF, with Class-A shares listing on the ADX and will reinvest income into the fund and Class-B shares listing on the DFM will distribute any collected dividends to investors.
Read MoreChimera Capital’s CEO discusses launch of new Shariah-compliant ETF
Dubaieye
Chimera Capital’s CEO, Seif Fikry, speaks to Dubaieye’s The Business Breakfast podcast and discusses the launch of the first ETF tracking a Shariah-compliant index in the UAE. The interview covers all aspects of the newly launched ETF, from the fund’s composition and index to where demand for the fund is expected to come from.
Read MoreAbu Dhabi asset manager launches Shariah-compliant ETF
The National
Chimera Capital, an Abu Dhabi asset management company and subsidiary of Chimera Investments, launched an exchange traded fund that will be available to investors through the UAE’s two main stock exchanges. The Chimera S&P UAE Shariah ETF will have two different share classes that will track a Shariah-compliant index compiled from stocks listed in Abu Dhabi and Dubai.
Read MoreChimera Capital launches first exchange-traded fund tracking S&P Shariah-compliant index in the UAE
ETF Express
Chimera Capital, an Abu-Dhabi-based asset management firm and subsidiary of Chimera Investments, has launched the Chimera S&P UAE Shariah Exchange Traded Fund, a physical, in-kind, liquid and fully fungible ETF. The ETF has been designed to replicate the S&P UAE Domestic Shariah Liquid 35/20 Capped Index (Bloomberg: SPSHDAAP).
Read MoreBNY Mellon selected as ETF custodian for Chimera Capital
EU Bankers
BNY Mellon has been selected as custodian for Chimera Capital’s exchange-traded fund (ETF), the first of its kind in the UAE. While the fund will be managed by Chimera Capital, BNY Mellon’s London office will act as global custodian, while HSBC Middle East acts as local custodian.
Read MoreChimera Capital launches the first exchange traded fund tracking the S&P Shariah-compliant index in the UAE
Dubaieye
Chimera Capital announced today the launch of its Chimera S&P UAE Shariah Exchange Traded Fund that has been designed to replicate the S&P UAE Domestic Shariah Liquid 35/20 Capped Index. The new fund provides investors with promising opportunities to benefit from a new product to invest in the UAE financial markets.
Read MoreLaunch of the first ETF in Dubai and Abu Dhabi
Arabian Business
Sources in Dubai and Abu Dhabi revealed that the first ETF will be launched by Chimera Capital in the UAE and that the fund will be listed and made available to investors on both the Dubai Financial Market and Abu Dhabi Stock Exchange. The fund will be called the Chimera S&P UAE Shariah ETF and will operate under the Chimera Umbrella Fund and will offer two classes of shares.
Read MoreChimera Capital’s Chief Investment Officer discusses the launch of the first exchange-traded fund tracking the S&P Shariah-compliant index in the UAE
Dubai Al Oula TV
Chimera Capital’s Chief Investment Officer (CIO) Sherif Salem discusses the launch of the of the first exchange-traded fund (ETF) tracking a UAE S&P Shariah-compliant index as well as the diversified opportunities presented to investors through this ETF.
Read MoreChimera Capital’s CEO discusses launch of the first ETF tracking a Shariah-compliant index in the UAE with Al Arabiya’s Lara Habib
Al Arabiya TV
Chimera Capital’s CEO, Seif Fikry, discusses the launch of the company’s first ETF tracking the S&P Shariah-compliant index in the UAE. The ETF is called the Chimera S&P UAE Shariah ETF and will offer two classes of shares on the Abu Dhabi Stock Exchange (ADX) and the Dubai Financial Market (DFM).
Read MoreLaunch of the first ETF tracking a Shariah-compliant index in the UAE
Al Bayan
Chimera Capital launched the first ETF that tracks a Shariah-compliant index in the UAE. It will operate under the Chimera Umbrella Fund and will be managed by Chimera Capital from its headquarters in the UAE. The list of authorized participants includes EFG Hermes UAE Limited, Shuaa Securities, and BH Mubasher Financial Services. .
Read MoreUAE asset manager to start ETF trading in Dubai and Abu Dhabi
Bloomberg
The first exchange-traded fund in the United Arab Emirates accessible to investors both in Dubai and Abu Dhabi is expected to list next month. The Chimera Umbrella Fund -- Chimera S&P UAE Shariah ETF will have two different share classes that will track a Shariah-compliant index compiled from stocks listed on the main exchanges in both emirates..
Read More