Announcement of the availability of the annual financial report of the Musharaka REIT Fund for the fiscal year ending 12/31/2020
30 March 2021
Musharaka Financial Company announces the availability of the annual financial report for the Musharaka REIT Fund. Below is a summary of the annual financial results for the fiscal year ending on December 31, 2020:
Net assets (assets) at the end of the period: SAR 881,700,719
Total expenses and fees for the period from 01/01/2020 to 12/31/2020: SAR 32,540,609
Net profit/(loss) for the period from 01/01/2020 to 12/31/2020: SAR 36,076,344
Number of outstanding units at the end of the fiscal year: 88 million units
Net unit value: SAR 10.02
Distributed yield for the period from 01/01/2020 to 12/31/2020 based on nominal value: 6.5%
You can also view the financial statements for the fiscal year ending on December 31, 2020, in the financial reports section on the fund’s page.