Al-Salām Real Estate Investment Trust (“Al-Salām REIT”) ia a Shariah-compliant fund that invests in diversified Shariah-compliant properties. Al-Salām REIT was listed on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Malaysia”) on 29 September 2015. The market capitalisation of Al-Salām REIT stood at RM214.6 million as of 31 December 2022. Al-Salām REIT portfolio began with 21 properties and has grown to 54 properties comprising 3 retail malls, an office building, 43 F&B restaurants, 6 industrial buildings and a college, with a combined property value of RM1.22 billion as at 31 December 2022. The properties are strategically located throughout Malaysia. The Manager of Al-Salām REIT, Damansara REIT Managers Sdn Berhad (“DRMSB” or the “Manager”), is a subsidiary of Johor Corporation (“JCorp”). DRMSB is licenced to manage Islamic REITs under the Capital Markets and Services Act 2007. 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. 3 43 6 1 Food and beverage restaurants 07 ANNUAL REPORT 2022 College Industrial buildings Office building Retail malls
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