Al-Majediah Residence Al-Khobar Fund
(Licensed by CMA & Compatible with Islamic SHARIA)
- Operating Date
- Fund Size
Al-Majediah Residence Al-Khobar Fund, is a closed private real estate investment fund that complies with the Shariah standards, established in accordance with the investment funds regulations issued by the Board of the CMA in the Kingdom of Saudi Arabia.
The main objective of the fund is to achieve capital appreciation by investing in developing residential units (apartment complexes and villas) in the city of Khobar through appointing “Dar Al Majid Real Estate Company” as a fund developer.