Objective The Fund's key objective is to invest in Shariah-compliant properties, providing unitholders with regular and stable income distributions, sustainable long term unit prices and distributable income and capital growth, while maintaining an appropriate capital structure. Policy Al-Salām REIT is an Islamic REIT established with the principal investment policy of investing, directly and indirectly, in a diversified shariah-compliant portfolio with income producing real estate which are used primarily for commercial retail, office and industrial purposes in Malaysia as well as real estate-related assets. Al-Salām REIT is a diversified Islamic Real Estate Investment Trust in Malaysia with assets strategically located in Johor Bahru as well as in major towns throughout Malaysia. Al-Salām Real Estate Investment Trust (“Al-Salām REIT”) is a Shariah-compliant fund that invests in diversified Shariahcompliant properties. The properties of Al-Salām REIT, which has a diverse portfolio, are strategically located throughout Malaysia. Al-Salām REIT achieved its first milestone on 29 September 2015, when it was listed on Bursa Malaysia Securities Berhad’s Main Market with an initial property value of RM903.1 million. Al-Salām REIT began with 31 properties in 2015 and has grown to 54 properties across Malaysia, including 4 retail outlets, an office building, 42 F&B restaurants, 6 industrial assets and a college. Al-Salām REIT’s property value increased to RM1.24 billion as of 31 December 2024 from its initial investment. Al-Salām REIT’s market capitalisation was RM217.5 million as of 31 December 2024. Corporate Profile 1 42 4 1 6 Industrial Assets Office Building College F&B Restaurants Retail Outlets 4 AL-SALĀM REIT ANNUAL REPORT 2024
RkJQdWJsaXNoZXIy NDgzMzc=