Launching two new ETFs on the Abu Dhabi Securities Market
ABU DHABI, 12 APRIL / WAM / CrenShares announced today the listing of two ETFs on the Abu Dhabi Securities Market: the KraneShares Artificial Intelligence & Technology ETF, traded under the symbol AGIX, and the KraneShares Wahed Alternative Income Index ETF, traded under the symbol KWIN.
The AGIX Fund provides exposure to listed and private AI companies, including SpaceX and Anthropic, provides access to high-growth innovation categories and a selection of private companies, and is scheduled to list directly on the Abu Dhabi Securities Exchange on April 16.
For its part, the KWIN Fund, which was developed in cooperation between “Crenchers” and “Wahed Invest,” provides an income strategy compatible with the provisions of Islamic Sharia that differs from traditional income tools based on sukuks.
The initial offering price period starts from April 15 to 21, and the KWIN Fund will be listed on the Abu Dhabi Securities Market by the end of April 2026.
The dual listing of the two funds on the New York Stock Exchange strengthens Abu Dhabi’s position as a center of growing importance for innovative investment products that enjoy great demand at the global level.
Oceane Global acts as the liquidity provider for the two funds, supporting trading efficiency and enhancing liquidity levels on the Abu Dhabi Securities Exchange, while Waystone acts as the legal representative for the listing operations, ensuring both regulatory compliance and structural support.
Abdullah Salem Al Nuaimi, CEO of the Abu Dhabi Securities Exchange Group, said that this dual listing represents a new step in the Abu Dhabi Securities Exchange’s journey towards expanding access to global investment opportunities, and the launch of AGIX and KWIN comes in response to the growing demand for investment in fast-growing sectors such as artificial intelligence, along with income solutions that are in line with the region’s priorities, including strategies compatible with the provisions of Islamic Sharia.
He added that as the markets move towards investment based on specific trends and sectors and diversifying sources of income, we are focusing on keeping pace with these transformations, ensuring that opportunities are available to investors with ease and confidence. During the month of March alone, the market recorded a growth of 183% in the trading value of exchange-traded funds, and an increase of approximately 134% in the number of investors trading within this category on an annual basis.
He said that based on this momentum, we will continue to consolidate our position as a leading regional center for exchange-traded funds in terms of liquidity, in cooperation with global partners to provide innovative products that meet the evolving needs of investors.
For his part, Jonathan Crane, founder and CEO of Crenchers, said that the dual listing of the two funds on the Abu Dhabi Securities Market reflects the growing global demand for exchange-traded funds that provide unique investment exposure, and the structure that combines listed and private companies in the AGIX Fund gives investors access to listed artificial intelligence companies and a selection of innovative private companies within one fund with strong liquidity. At the same time, the KWIN Fund, which was developed in partnership with Wahed, offers a compatible alternative income strategy. Sharia-compliant, it is designed to generate options-based income while adhering to Islamic investment principles, expanding investors in the region’s access to innovative technology and income solutions through locally listed funds.
In turn, Anthony Sassen, CEO of Oceane Global, said that cooperating with “Crenchers” and working alongside “Y Stone” to launch these innovative funds on the Abu Dhabi Securities Market reflects the building of a strong system for exchange-traded funds, based on an integrated mix of issuance, legal structuring, and providing liquidity. Our role is to ensure that these products are traded efficiently with limited price differences, allowing individual and institutional investors in the UAE to access global investment opportunities through the local market.
Caoimhin O’Donnell, CEO of Weston Management Company in the Middle East, said: Our role is to facilitate a solid structure that is compatible with regulatory frameworks, which contributes to the efficient offering of global ETF products within the regulatory framework approved in the United Arab Emirates, and this partnership reflects the importance of coordination between issuers, liquidity providers, and legal authorities, in building a sustainable system for ETFs.
This new listing builds on the success of the dual listing of KWEB KraneShares China ETF and KRBN KraneShares Global Carbon Credit ETF on the Abu Dhabi Securities Exchange in December 2025, and represents a new and vital step towards deepening the capital markets infrastructure in the region.
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