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  • Market Indices
    Price: 10000
    Open: 1000High: 1000
    Low: 990Close: 1000
    Volume: 14,835,188
    • Summary
      StatusIndexChange %Volume
      Market Closed6446.80 204,408,390
    • Top Gainers

      Company Chg. % Cur. Price
      AUB15.63226.329010
      ZIMAH10110
      JEERANH9.4358
      TAHSSILAT6.2585
      ALAQARIA5.9544.50
      GNAHC5.0552
      PEARL4.8821.50
      BPCC 64.23754.429993
      BPCC 34.23747.214966
      BPCC 94.23761.645020
    • Top Losers
      Company Chg. % Cur. Price
      ALNAWADI-8.06114
      ALDEERA-6.6735
      ACICO-4.62310
      KSHC-4.2933.50
      Al-Mowasat-4.26180
      DANAH-3.7577
      FUTURE-3.61160
      AMWAL-3.5155
      GCEM-3.28118
      IFA-3.0863
    • By Volume
      Company Volume Price
      ALDEERA`R21,133,19935
      ALIMTIAZ`R16,445,15186
      NBK`R14,835,1881000
      KFIN`R9,280,031860
      GBK`R7,776,392395
      ABYAAR`R6,957,77248.50
      KBT`R6,072,81542
      KGL`R5,229,268106
      IFA`R4,957,84263
      SOKOUK`R4,935,939110
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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

 

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