My Tools

  • Term Deposit Calculator

    This is for demonstrative purposes only. Call 1801801 or visit a branch for exact calculations.

  • I would like to apply
  • Branch / ATM Locator
  • Al Jawhara

    Al Jawhara, Kuwait's Best Prize!

    KD
    Calculate

    The minimum deposit is KD 50 and for 1 month. Terms & conditions apply.

  • Weather

    oC Feels like
    oC

    Humidity %
    Wind From
    Wind Speed kph
    Sunrise
    Sunset
    Updated:
  • Prayer Timings

    Kuwait Prayer Times
    Wednesday,August 20,2014

    • Fajr 03:53 AM
    • Sunrise 05:18 AM
    • Dhuhr 11:52 AM
    • Asr 03:27 PM
    • Maghrib 06:24 PM
    • Isha 07:54 PM
  • Ask a Question
  • Market Indices
    Price: 990-10
    Open: 1000High: 1000
    Low: 990Close: 0
    Volume: 738,250
    • Summary
      StatusIndexChange %Volume
      Market Open6446.80 200,599,560
    • Top Gainers

      Company Chg. % Cur. Price
      IRC7.1460
      INOVEST7.0476
      EQUIPMENT6.45132
      GNAHC653
      IFA5.1761
      NICBM4.63226
      NIH4.4870
      ALSALAM4.3596
      TAMINV4.29365
      KFIC478
    • Top Losers
      Company Chg. % Cur. Price
      CBK-4.23680
      ENERGYH-3.6679
      KCPC-3.64265
      MARAKEZ-3.3743
      AMWAL-3.0947
      TIJARA-2.9067
      SHIP-2.56152
      INJAZZAT-2.4779
      HAYATCOMM-2.4480
      BAYANINV-2.4181
    • By Volume
      Company Volume Price
      ALDEERA`R11,671,00132
      GNAHC`R10,766,89753
      KSHC`R9,928,30930
      GPI`R9,740,44398
      GFH`R9,715,67742
      ALMADINA`R8,475,46745.50
      IFA`R8,101,37961
      COAST`R7,754,78969
      IFAHR`R7,600,525228
      KRE`R7,409,33781
  • Currency Converter

    Error: Generic error message here.

    10000

    Click here to view the Currency Rates

Islamic Asian Real Estate Fund

Overview

Objective & Strategy

The investment objective of the Fund is to seek current income and capital appreciation from a portfolio of investments in Asian real estate in accordance with Islamic Shari'ah principles. The Fund is a long-term investment vehicle designed to achieve an expected IRR of 14-16% per annum with an expected annualized net quarterly distribution of 4% growing to 8% by the end of the investment period and 8-9% thereafter.

The Fund will pursue its objective by investing in a diversified portfolio of high quality office buildings and residential real estate properties in exclusively first-class inner-city locations in Asian countries such as Korea, China, Hong Kong, Malaysia, Singapore, India, Japan and Thailand. The Fund will invest in the properties acquired by TMW Asia Fund in compliance with Islamic Shari'ah.

Investment Features

  • Well-diversified portfolio of Asian real estate investments.
  • US Dollar denominated.
  • Quarterly income distribution
  • Managed by one of the largest real estate managers worldwide
  • All investments are in accordance to the Islamic Shariah principles
Performance As of 31 December 2013Fund
Cumulative Distributions since Inception54.55%
Annualized Distributions since Inception5.68%
YTD Distributions3.50%
3 Month Distributions0.88%
3 Months Distributions (annualized)3.50%
6 Months Distributions3.50%
1 Year Distributions3.50%
2 Year Distributions (annualized)5.00%
3 Year Distributions (annualized)5.83%
5 Year Distributions (annualized)6.50%

Risk Level

 

Got Questions?

 

Send to a Friend Print this page

Send to a Friend