Page 60 - SALIK PR REPORT OCTOBER 2023

diversified portfolio of companies. Interestingly, ADX has recorded a
significant increase in the value and volume of trading in ETFs since the
beginning of this year, making it the most active and liquid ETF market in the
Middle East and North Africa region.

In June 2023, ADX listed units of the Chimera – Standard & Poor's China
Hong Kong Shariah ETF, which tracks the movement of Shariah-compliant
Chinese stocks listed on the Hong Kong Stock Exchange.

In November 2023, it listed the Chimera FTSE Abu Dhabi 15 fund, which
tracks the FADA 15 index. In August 2023, it listed an exchange-traded index
fund that tracks the movement of Shariah-compliant stocks listed on the
Istanbul Stock Exchange.

In addition to these three funds, the platform also includes a range of funds by
Chimera covering sectors in the US, UK, Kuwait, Pakistan, KSA, Hong Kong,
and Turkey.

ETFs offer diversification, liquidity, and relatively low management fees
compared to traditional mutual funds.

3. Mutual funds

Professionally managed and by far the most popular choice for wealth
creation, mutual funds allow investors a plethora of choices. Investors can
choose from a range of funds, including equity, balanced, index, debt, or
sector-specific funds based on their risk tolerance and investment goals.
Retail investors will need access to a trading platform or a securities broker to
invest in MFs.

4. Real Estate Investment Trusts (REITs)

Real Estate Investment Trusts (REITs) are investment vehicles that own and
operate income-generating real estate properties. Investing in REITs provides
exposure to the real estate market without the need to directly purchase and
manage properties. REITs in the UAE typically invest in commercial,
residential, or industrial properties. The Emirates REIT and the ENBD REIT

https://www.khaleejtimes.com/business/why-and-how-can-you-invest-in-the-uae-stock-markets