Jadwa REIT Al-Haramain Fund
TTADAWUL:43324.33
SAR
-0.07
(-1.59%)
ISIN
SA14A0523M59
Return %
Stock
S&P 500
1Y
-14.60
14.20
3Y
-35.47
81.12
5Y
-51.35
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
SAR
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Tariq bin Ziad Abdulrahman Al-Sudairy
- Full Time Employees
- 116
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- King Fahad Road Riyadh Riyadh Province Saudi Arabia 11555
- IPO Date
- Jun 6, 2017
- Website
- jadwa.com
- Similar Companies
- Business
- Jadwa REIT Al Haramain Fund (4332.SR) is a closed-end Shariah-compliant real estate investment traded fund managed by Jadwa Investment that primarily invests in income-generating real estate properties in the holy cities of Makkah and Madinah, Saudi Arabia, with a focus on the Hajj and Umrah sectors including hospitality and related services. The fund offers investors recurring income through rental yields from its portfolio of commercial and hospitality assets such as hotels, furnished apartments, and service-related properties located in key pilgrimage areas. Founded in 2017 and headquartered in Riyadh, Saudi Arabia, it operates exclusively within the Kingdom's real estate market, targeting institutional and retail investors seeking Shariah-compliant exposure to high-demand pilgrimage tourism infrastructure. The fund's core offerings include ownership and leasing of strategically positioned hospitality properties that benefit from consistent occupancy driven by religious tourism, supplemented by ancillary services like property management and maintenance to maximize returns. It maintains a portfolio emphasizing stable rental income with limited development risk, adhering to REIT regulations under the Capital Market Authority. In recent developments, Jadwa REIT Al Haramain announced a 2.4% cash dividend distribution for the second half of 2024 and the first half of 2025, reflecting sustained profitability amid a 7% dip in Q2 2025 rental income; the fund also reported solid occupancy and income metrics in Q1 2025 while navigating market pressures that saw its units hit lifetime lows in December 2025. Earlier, the fund secured bank debt financing and executed accretive property acquisitions to expand its portfolio, enhancing leverage and income potential as outlined in its 2024 annual report.