Malaysia
· Delayed Price · Currency is MYR KLSE: ALSREIT Company Description
Al-Salām Real Estate Investment Trust (“Al-Salām REIT”) is 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.
| 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 |
| Muhammad Bin Muhammad Hanapi | Chief Financial Officer |
| Tan Kai | Chief Operating Officer |
| Sahrin Bin Munir | Head of Investor Relations |