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  • Market Indices
    Price: 990-10
    Open: 1000High: 1000
    Low: 990Close: 990
    Volume: 1,948,718
    • Summary
      StatusIndexChange %Volume
      Market Closed6446.80 381,796,564
    • Top Gainers

      Company Chg. % Cur. Price
      ISKAN10.6426
      ZIMAH7.25148
      HCC6.85156
      TAHSSILAT6.7679
      GIH6.4183
      KBT6.3342
      FIRSTDUBAI6106
      QURAINHLD5.7546
      TAIBA5.2680
      REAM5126
    • Top Losers
      Company Chg. % Cur. Price
      ALMUDON-7.14104
      ALIMTIAZ-6.4972
      GFC-6.0278
      FCEM-4.5584
      MASSALEH-3.9074
      NOOR-3.33116
      ERESCO-3.1991
      MARAKEZ-3.1646
      GPI-2.9499
      SAFRE-2.6337
    • By Volume
      Company Volume Price
      ISKAN`R27,460,52026
      ITHMR`R26,310,68749.50
      BAYANINV`R18,928,39791
      ALDEERA`R18,011,73824
      ABYAAR`R16,789,68450
      MANAZEL`R16,707,53361
      MAYADEEN`R15,232,74763
      GNAHC`R11,577,47955
      ALMUDON`R11,191,527104
      COAST`R10,531,21269
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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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