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
    Tuesday,July 22,2014

    • Fajr 03:29 AM
    • Sunrise 05:02 AM
    • Dhuhr 11:55 AM
    • Asr 03:30 PM
    • Maghrib 06:47 PM
    • Isha 08:17 PM
  • Ask a Question
  • Market Indices
    Price: 9700
    Open: 970High: 970
    Low: 970Close: 0
    Volume: 401,485
    • Summary
      StatusIndexChange %Volume
      Market Open6446.80 52,656,813
    • Top Gainers

      Company Chg. % Cur. Price
      ALEID9.43116
      MUBARRAD4.3572
      OULAFUEL3.85162
      SALBOOKH3.8082
      RKWC3.45120
      EKTTITAB3.1948.50
      MARKAZ2.99138
      SECH2.9470
      TIJARA2.9071
      SAFRE2.8636
    • Top Losers
      Company Chg. % Cur. Price
      NCCI-25.5173
      Mashaer Holding-5.05188
      MARIN-4.76120
      TAAMEER-4.7640
      ARZAN-4.6961
      CGC-4960
      MADAR-3.8550
      URC-3.77102
      NIH-2.8668
      OOREDOO`R-2.441600
    • By Volume
      Company Volume Price
      GFH`R25,156,58741.50
      BAYANINV`R3,528,60081
      ITHMR`R3,033,22242.50
      GPI`R2,408,20077
      SOKOUK`R2,257,00182
      ALDEERA`R1,394,48330
      ALMADINA`R1,217,97342.50
      ALSALAM`R940,60092
      SALBOOKH`R917,80082
      MUBARRAD`R851,78072
  • 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