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  • Market Indices
    Price: 9700
    Open: 970High: 980
    Low: 970Close: 970
    Volume: 290,161
    • Summary
      StatusIndexChange %Volume
      Market Closed6446.80 129,519,224
    • Top Gainers

      Company Chg. % Cur. Price
      MASSALEH7.8169
      Mashaer Holding6.67160
      STRATEGIA6.6780
      KCIN61060
      KAMCO5.77110
      IFAHR5.38196
      SALBOOKH3.8082
      JAZEERA3.53440
      LOGISTICS3.51118
      NAFAIS3.4191
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      PAPCO-8.06114
      HITSTELEC-6.4936
      BIIHC-6.4173
      KSHC-6.3822
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      ALMADINA-5.9731.50
      ALMAL-5.9539.50
      POULT-5.56170
      GCEM-5.45104
      MARIN-5.45104
    • By Volume
      Company Volume Price
      GFH`R19,457,67632.50
      KRE`R5,957,50872
      SAFRE`R5,704,72923.50
      QURAINHLD`R5,052,98817.50
      BURG`R5,018,001520
      HITSTELEC`R4,340,41836
      SENERGY`R4,072,85624
      ABYAAR`R3,875,28836.50
      ALMADINA`R3,751,80031.50
      ALDEERA`R3,703,52816
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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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