Shariah-Compliant Investment through Islamic REIT
What is Islamic Real Estate Investment Trust (REIT)?
Islamic REIT is a fund or a trust that invests in a portfolio of income-generating commercial real estate - shopping complexes, hospitals, plantations, industrial properties, and office blocks
Islamic REIT is a collective investment scheme in real estate, which the tenant(s) operates permissible activities according to Shariah
Islamic REIT permitted to acquire vacant land, an extension of loans and financing facilities or any other credit facility to any person
The following list outlines the prohibited criteria of Islamic REIT:
All of the above
What is the permissible % benchmark that was determined by the Syariah Advisory Council (SAC) of the Securities Commission for the criteria on rental from non-permissible activities?
Can an Islamic REIT own real estate in which all the tenants operate non-permissible activities?
Is an Islamic REIT required to use insurance scheme that comply with Shariah principles?
There are 5 questions to complete.