Fund Details

The fund aims to invest in real estate assets inside Saudi Arabia which are able to produce periodic rental income and to distribute at least 90% of the net income of the Fund annually. In a secondary form, The Fund can invest in the real estate development projects considering: 1. 75% of the total fund assets must be income generating and 2. The Fund will not invest in white lands.
Unit price (As of 30 June 2018)
9.7639
Net Asset value
599,208,312
Base Currency
Saudi Riyal
Fund Category
Real Estate, Saudi
Islamic Sharia Guidelines
-
Valuation Frequency
Semi-Annual
Subscription/Redemption Frequency
Daily
Benchmark
-
Launch Price
10.00
Launch Date
2/7/2017
Minimum Subscription
10200
Minimum Additional Sub./Redemption
Subscription Fees
2%
Redemption Fees
0%
Management Fees
0.5%
Other Fees

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Osool & Bakheet Investment Company (OBIC) is pleased to invite you to be one of our valuable clients. Upon receiving your information (below) we will contact you. All information provided by you are non-obligatory.

Fund Name
AlMa'athar REIT Fund
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Expected Amount
(Minimum 10200)  
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