The Emirates Rit Fund, a real estate investment compliant with Islamic law, has celebrated the passage of five years since its shares were listed on the NASDAQ Dubai.

And Emirates Reet became the first real estate investment fund in the Gulf region to be listed on the stock exchange April 8, 2014, to become the largest fund compatible with Islamic law in the world, as it was the first The Arab Region Ritman Fund enters the global sukuk market and has a credit rating when it launched its first Sukuk worth $ 400 million on December 6, 2017.

Sylvan Fogo, director of the Emirates Reit Fund, commented that since its public offering, the fund has distributed $ 122.84 million in profits ($ 0.41 per share), as it allows The fund is a simple and effective way to invest in real estate in a diversified portfolio of premium assets that provide stable and growing financial liquidity.

It is worth noting that the value of the investment portfolio of the fund reached 940 million dollars, equivalent to 3.5 billion dirhams, last year, an increase of 4.32% on an annual basis.

>

Namazon Services..programmed technical analysis platform ... for Emirati, Saudi, and global markets

To more:

The movement of the economy in Dubai Rises to 10-month high