Taleem REIT Fund

Taleem REIT is a closed ended real estate investment traded fund that aims to invest in developed real estate properties generating periodical income and distributing a minimum 90 percent of net income annually as dividends investing in or acquiring real estate assets that are linked to the educational or training sector The fund is managed by Saudi Fransi Capital the company is licensed and regulated by the Capital Market Authority license No 1115337 The Shari ah Board of the fund manager has reviewed and approved funds terms and conditions The Shari ah Board includes the following members Sheikh Abdullah Bin Suleiman AlManea Dr Mohammed Ali ElGari and Dr Abdulsattar Abu Ghuddah Funds Term and Conditions was issued in 12081438H corresponding to 08052017G The fund size at inception is 28500000 units at unit initial offering price 10SR Evaluators ValuStrat and Olaat Development Co LTD Custodian KASB Capital