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4336 – Mulkia Gulf Real Estate Reit Fund

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Compliant

★★★★★

Industry: Specialized REITs | Saudi

Mulkia Gulf Real Estate Reit Fund is Shariah compliant. The company passes all five major Shariah standards.

Market cap: 173 MRev. Growth: 91.56%

AAOIFI ✓

Debt/MC52.71%
Non-Compliant Assets/MC%

S&P ✓

Debt/36 mo MC51.23%
Cash/36 mo MC0%
AR/36 mo MC7.38%

DJIM ✓

Debt/24 mo MC51.23%
Cash/24 mo MC0%
AR/24 mo MC7.38%

FTSE ✓

Debt/Assets33.87%
Cash/Assets0%
Cash&AR/Assets4.88%

MSCI ✓

Debt/Assets33.87%
Cash/Assets0%
Cash&AR/Assets4.88%

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Total Analysts: 0


Mulkia Gulf Real Estate Reit Fund is a Saudi Arabia-based company, which operates as a real estate investment trust. The Company is a closed-end real estate investment fund that is compliant with Islamic Shari’ah regulations. Mulkia Gulf Real Estate Reit Fund’s objective is the acquisition of income generating real estates, which are under more than three specific real estate assets in major cities within Saudi Arabia, within more than 59 days of the completion of the offering. In the event that the offering is not completed, the fund manager carries out the procedures referred to in the terms and conditions. The Fund Manager acknowledges the absence of the property targeted of any irregularities that prevent or may result in the non-utilization of the property or its operation. The Company’s fund manager is Mulkia Investment Company. The Company operates through its subsidiary Vivienda Hotel Villas Al Hada.

We do our best to screen stocks as accurately as possible. Please let us know in the comments if you spot an error or find something questionable. Jazaak Allahu khairan.

To understand how the screening is done, please read the Shariah Screening Methodology page.

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