Malaysia
· Delayed Price · Currency is MYR Al-Salam Real Estate Investment Trust Company Description
Al-Salām Real Estate Investment Trust (“Al-Salām REIT”) is a Shariah-compliant fund that invests in diversified Shariah-compliant 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.
| Country | Malaysia |
| Industry | Real Estate Investment Trusts |
| CEO | Zulhilmy Bin Kamaruddin |
Contact Details
Address: Unit 1-19-02, Level 19, Block 1 Petaling Jaya, 46200 Malaysia | |
| Phone | 60 3 7932 1692 |
| Website | alsalamreit.com.my |
Stock Details
| Ticker Symbol | ALSREIT |
| Exchange | Bursa Malaysia |
| Fiscal Year | January - December |
| Reporting Currency | MYR |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Zulhilmy Bin Kamaruddin | Chief Executive Officer |
| Ahmad Nazri Mohamad | Chief Financial Officer |
| Tan Kai | Chief Operating Officer |