Fund Details
The fund aims to invest in real estate assets inside Saudi Arabia which are able to produce periodic rental income and to distribute at least 90% of the net income of the Fund annually. In a secondary form, The Fund can invest in the real estate development projects considering: 1. 75% of the total fund assets must be income generating and 2. The Fund will not invest in white lands.
Unit price (As of 31 December 2022)
10.1102
Net Asset value
620,463,774
Base Currency
Saudi Riyal
Fund Category
Equity, Saudi - NOMU - Sharia Compliant
Valuation Frequency
Semi-Annual
Subscription/Redemption Frequency
Daily
Minimum Subscription
10200
Minimum Additional Sub./Redemption