SICO Saudi REIT Fund is a Shariah-compliant REIT Fund, which aims to invest in a group of income-generating real-estate properties located only in the holy cities of Makkah and Madinah in Saudi Arabia.
The fund intends to distribute no less than 90.0% of its net income to unit-holders annually. Further, all capital gains resulting from the sale of assets and investments may be reinvested into new value-adding assets rather than being dispensed as dividends.
January 18, 2018
SAR 7.68
SAR 572.4 million
4337
SAR 10.0
Closed-Ended
5.42% per annum for the first five (5) years and 6.02% per annum from 5 to 15 years