Musharaka REIT Fund
Net Asset Value of the Unit
Fund Musharaka REIT is a close – ended real estate investment traded fund that is publicly offered and the units of which are traded on the Exchange, whose primary investment objective is to invest in constructionally developed real estates qualified to generate periodic and rental income. the fund is Sharia compliant.
established Fund Musharaka REIT in Saudi Arabia in compliance with real estate investment funds regulations and real estate investment traded funds Instructions issued by Saudi Capital Market Authority (CMA).
Investment objective the primary investment objective is to invest in constructionally developed real estates qualified to generate periodic and rental income, and distribute a prescriptive percentage of the fund's net profit in cash to the unitholders at least annually.
The Fund owns in its portfolio different kinds of real estate assets (Industrial, residential, commercial) in major cities in the kingdom