The Muslim community in Rwanda has unveiled significant reforms for the 2025 Holy Pilgrimage (Hajj), aimed at ensuring an enhanced experience for participants.
The decision will allow foreigners to invest in companies whose revenues rely on the Islamic pilgrimage, one of the leading sources of revenue for the kingdom.
Foreign investors will have access to limited shares of companies listed on the Saudi capital market, convertible debt instruments or both, the Saudi Capital Markets Authority said in a statement.