Source: A Case for Islamic Sharia Compliant Real Estate Investment Trust’s (Islamic REIT’s) in Kenya (Sharia Compliant Real Estate Investment Trusts)
Kenya had its first REIT offer the Stanlib Fahari I-Reit on 25th October 2015. This is the first REIT offering after The Capital Markets (Real Estate Investment Trusts) (Collective Investment Schemes) Regulations, 2013 vide legal notice no. 116 came into effect on18th June, 2013. The same regulations also provide for the rules to govern Islamic … Continue reading A Case for Islamic Sharia Compliant Real Estate Investment Trust’s (Islamic REIT’s) in Kenya (Sharia Compliant Real Estate Investment Trusts)
By CPA Mohamed Ebrahim MBA (Manchester), ACMA, CGMA, FFA, FCT Introduction A Real Estate Investment Trust (REIT) is a collective investment scheme, which enables several investors to pool their savings to invest in real estate in order to realise economies of scale, scope, diversify their portfolio risk and invest passively by using a regulated professional … Continue reading An Introduction to Real Estate Investment Trusts (REIT’s) in Kenya
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