14th Silver Investment Fund 'NoghreAmad' Opens Subscription on Iran Mercantile Exchange From Shahrivar 1

According to Boursenews, published Thursday, August 20, 2026 (29 Mordad 1405), subscription for investment units of the Efficient Commodity Fund's silver metal branch, trading under the ticker "NoghreAmad," Iran's 14th silver fund, will open on Sunday, the first of Shahrivar 1405 (August 23, 2026) at 11:45 to 18:00 (with a 15-minute pre-opening), running for three business days on the Iran Mercantile Exchange. Under a license from Iran's Securities and Exchange Organization, the fund is backed by silver and was established to reduce investment risk and let investors benefit from economies of scale.

Per the published notice, the fund may issue up to 200 million investment units, offered in the standard subscription format. Secondary trading of the fund's units will begin once the subscription period ends and the fund is registered in the Iran Mercantile Exchange's investment fund market.