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  • Market Indices
    Price: 810-20
    Open: 830High: 830
    Low: 800Close: 0
    Volume: 1,511,253
    • Summary
      StatusIndexChange %Volume
      Market Open6446.80 109,428,442
    • Top Gainers

      Company Chg. % Cur. Price
      AJWAN7.5835.50
      SALBOOKH6.45132
      ALNAWADI5.77110
      ALAQARIA5.6628
      SAFTEC5.1551
      ALAFCO4.55230
      NIND4.40190
      KINS3.64285
      OSOUL3.5159
      BPCC3.45600
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      CATTL-9.09100
      MARAKEZ-8.6226.50
      TAAMEER-7.6930
      HUMANSOFT-7.69600
      TAHSSILAT-7.5549
      SAFRE-6.8220.50
      MTCC-6.7855
      FOOD-6.292680
      KCPC-6.15244
      GFH-5.8816
    • By Volume
      Company Volume Price
      MAYADEEN`R12,419,05127.50
      INVESTORS`R7,401,38729
      ADNC`R6,504,34522.50
      MANAZEL`R5,943,23038
      AJWAN`R5,861,20035.50
      ALMUDON`R5,333,34553
      GFH`R4,907,00016
      HITSTELEC`R3,243,65028.50
      NIND`R3,225,092190
      ALOLA`R3,202,54483
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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 30 September 2014Fund
Cumulative Distributions since Inception55.07%
Annualized Distributions since Inception5.32%
YTD Distributions2.63%
3 Month Distributions0.88%
3 Months Distributions (annualized)3.50%
6 Months Distributions3.50%
1 Year Distributions3.50%
2 Year Distributions (annualized)3.50%
3 Year Distributions (annualized)4.83%
5 Year Distributions (annualized)5.90%

Risk Level

 

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