The Capital Market Authority announces its approval of the offering of Real Estate Income Participation Fund units
14 September 2015
The Capital Market Authority (CMA) Board has issued its decision approving Musharaka Capital to publicly offer units of the Musharaka Income-Generating Real Estate Fund. This is a closed-ended public real estate investment fund that complies with Shariah investment guidelines, as determined by the fund’s Shariah committee.
The investment objective of the fund is to invest in a diversified portfolio of income-generating real estate assets across Saudi Arabia, aiming to provide investors with regular returns and achieve long-term capital growth through capital gains.