KraneShares Strengthens Abu Dhabi Market with Launch of AI ETF (AGIX) and Shari’ah-Compliant Income ETF (KWIN)
Abu Dhabi, UAE: KraneShares has announced the listing of two new exchange-traded funds (ETFs) on the Abu Dhabi Securities Exchange (ADX): the KraneShares Artificial Intelligence & Technology ETF (Ticker: AGIX) and the KraneShares Wahed Alternative Income Index ETF (Ticker: KWIN). This development positions ADX as a significant player in the Arab region’s financial landscape, being the second-largest exchange by market capitalization.
Launch of AGIX ETF
The KraneShares Artificial Intelligence & Technology ETF (AGIX) aims to provide investors with exposure to both public and private companies in the artificial intelligence sector. Notable holdings include industry leaders such as SpaceX and Anthropic, which represent 3.02% and 2.98% of AGIX’s net assets, respectively, as of April 9, 2026. The ETF is set to be listed on the ADX on April 16, 2026, offering access to high-growth innovation themes and select private companies.
KWIN ETF: A Shari’ah-Compliant Income Strategy
The KraneShares Wahed Alternative Income Index ETF (KWIN) has been developed in collaboration with Wahed Invest. This ETF provides a Shari’ah-compliant income strategy that goes beyond traditional Sukuk offerings. The initial offering price (IOP) period for KWIN will run from April 15 to April 21, 2026, with the ETF expected to be listed on the ADX by the end of April 2026.
Strengthening Abu Dhabi’s Financial Hub
Both ETFs will be cross-listed from the New York Stock Exchange (NYSE), further solidifying Abu Dhabi’s status as a hub for innovative investment products. Oceane Global will act as the market maker for these ETFs, ensuring liquidity and trading efficiency on the ADX. Waystone will serve as the legal representative for the listings, focusing on regulatory alignment and structural support.
Abdulla Salem Alnuaimi, Group CEO of the ADX Group, emphasized the significance of this cross-listing, stating that it marks a step forward in expanding access to global investment opportunities. He noted the growing demand for exposure to high-growth themes like artificial intelligence and income solutions that align with regional priorities, including Shari’ah compliance. Alnuaimi highlighted a remarkable 183% increase in ETF trade value on the ADX in March, alongside a 134% rise in the number of investors engaging with the ETF suite year-over-year.
Insights from KraneShares Leadership
Jonathan Krane, Founder and CEO of KraneShares, remarked that the listing of AGIX and KWIN reflects the increasing global demand for differentiated ETF exposure. He noted that AGIX’s unique structure provides access to both publicly listed AI leaders and select private innovators within a single liquid ETF. KWIN, on the other hand, is designed to generate option-based income while adhering to Islamic investment principles, thereby expanding access for regional investors.
Anthony Sassine, CEO of Oceane Global, expressed satisfaction in collaborating with KraneShares and Waystone to introduce these innovative ETFs to the ADX. He underscored the importance of creating a robust ETF ecosystem that combines issuance, legal structuring, and liquidity provision, enabling both institutional and retail investors in the UAE to access global investment opportunities.
Caoimhghin O’Donnell, CEO of Waystone Management Company Middle East, highlighted the role of legal representation in ensuring that international ETF products are efficiently brought to market within the UAE framework. He emphasized the need for coordination among issuers, market makers, and legal infrastructure providers to build a sustainable ETF ecosystem.
Previous Listings and Future Prospects
The introduction of AGIX and KWIN builds on the successful cross-listing of KraneShares’ flagship ETFs, KWEB (KraneShares China ETF) and KRBN (KraneShares Global Carbon Credit ETF), on the ADX in December 2025. This latest move is part of ongoing efforts to enhance the region’s capital markets infrastructure.
About KraneShares
KraneShares specializes in research-driven investment strategies that connect investors to significant growth themes, including emerging technologies and carbon credits. The firm aims to provide differentiated exposures that capture the megatrends reshaping the global economy.
About Oceane Global
Oceane Global is a UAE-based market maker focused on ETFs and listed products, providing liquidity solutions and supporting efficient price discovery in the GCC region.
About Waystone
Waystone offers a comprehensive range of asset-servicing solutions, including governance, administration, and compliance services to financial institutions. With over 25 years of experience, Waystone aids clients in structuring and growing their operations.
About Abu Dhabi Securities Exchange (ADX)
Established on November 15, 2000, the ADX operates under Local Law No. (3) of 2000, granting it independent financial and administrative status. The ADX has evolved into a Public Joint Stock Company (PJSC) as of March 17, 2020, and continues to support efficient and transparent capital markets across various financial instruments.
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Published on 2026-04-12 16:46:00 • By the Editorial Desk
