Alwaha REIT Fund (9300.SR)

SAR 11.98

(0.0%)

Market Cap (In SAR)

179.7 Million

Revenue (In SAR)

19.99 Million

Net Income (In SAR)

13.61 Million

Avg. Volume

656.00

Currency
SAR
Country
Real Estate
Open
-
Prev. Close
-
Day Range
-
Year Range
0.0-14.0
PE
-
EPS
-
Beta Value
0.2402527
ISIN
SA15KG54HA19
CUSIP
-
CIK
-
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Real Estate
Industry
REIT - Diversified
CEO
-
Employee Count
-
Website
www.wasatah.com.sa
Ipo Date
2022-12-06
Details
A closed-ended real estate investment fund traded in the parallel market (Nomu) compliant with Sharia standards approved by the Sharia Supervisory Committee, established in the Kingdom of Saudi Arabia under the Real Estate Investment Funds Regulations and the regulations and rules applied in the Kingdom. The fund is subject to the Capital Market Authority rules and regulations and the rules of the parallel market (Nomu) listing regulations, the fund size at IPO is 15,000,000 units, with a total value of 150,000,000 Saudi riyals. The investment objective of the Fund is to invest in structurally developed real estate properties, capable of achieving periodic and rental income, and to distribute a percentage not less than 90% of the annual net profits of the Fund as cash dividends to the unitholders during the period of the Fund.