There are 9 REIT in Singapore with a combined market capitalisation of S$11.2 billion are included in the newly launched FTSE ST Singapore Shariah Index. The property assets of the REITs, span industrial, e-commerce, commercial and retail space. The nine REITs average an indicative distribution yield of 7.57%.
The FTSE SGX Shariah Index Series, launched by FTSE Group and the Singapore Exchange (SGX), reflects the stock performance of companies in the Asia Pacific region whose business activities comply with Islamic Shariah Law. The FTSE SGX Asia Shariah 100 Index is the first in the series to be launched. Independent screening is carried out by Yasaar Ltd, an organisation with a global network of expert Shariah scholars. The screening approach is described below.
Business Activity Screening
Initially, companies involved in any of the following activities will be filtered out as non-Shariah compliant:
- Conventional finance (non-Islamic banking, finance and insurance, etc.)
- Alcohol
- Pork-related products and non-halal food production, packaging and processing or any other activity related to pork and non-halal food
- Entertainment (casinos, gambling and pornography)
- Tobacco; weapons, arms and defence manufacturing.
Financial Ratios Screening
The remaining companies are then further screened on a financial basis. The following financial ratios must be met for companies to be considered Shariah-compliant:
- Debt is less than 33.333% of total assets
- Cash and interest bearing items are less than 33.333% of total assets
- Accounts receivable and cash are less than 50% of total assets
- Total interest and non compliant activities income should not exceed 5% of total revenue.
More details on procedures for when companies that change financial compliance between two successive quarters in addition to the appropriate purification of dividends can be found here.
About Yasaar Limited
Yasaar Limited scholars represent all of the major Shariah schools of thought, creating a best practices approach that has credibility across the Islamic world. More information on Yasaar Limited is provided below or visit their website. For further details on the Shariah screening methodology, please refer to the FTSE Shariah Global Equity Index Series Ground Rules which are available here.
If you would like to build a Shariah Compliant REIT portfolio for passive income, you may contact marubozu@mystocksinvesting.com for more more detail (advisory fee applied).
If you would like to build a Shariah Compliant REIT portfolio for passive income, you may contact marubozu@mystocksinvesting.com for more more detail (advisory fee applied).
>> Please advise the advisory fee for such portfolio.
Thank you.
I have replied to your email.
Salam. Would like to find out more info, Thanks
I have sent you an email.
I am looking for Shariah Compliant REIT portfolio for passive income.
Salam would like to know more and also the fees 🙂
I have sent you a reply through your email.
make mail on details n fees applicable… thks
Have replied you on the detail of Shariah compliant investment.
I want to invest in shariah compliant REITs. I live in Karachi Pakistan.
I wish to find out how to invest in shariah compliant REIT, minimum amount required, and how much is your fees. Tq
minimum investment amount for Shariah REIT is S$20,000.
can i know details
How to start investing in shariah Reit?
Hi Siti, I have replied you to your email.
I have replied your email.
Hello,
How can i start to invest in REITs and learn more about investing in halal stocks. Also, I would like to know how small can I start.
Do email me further information and applicable fees for your services. Thank you 🙂
Hi,
Can you share the details and fees please?
How do i start investing in halal Reits
Hi pls send me the detail in the investment of shariah compliance reit.
Hi Reymi & Rozita,
I have sent you email.
Hi, can guide me on how to invest in shariah compliant reits? Thank you
Hi pls send me the detail in the investment of shariah compliance reit.
have sent you an email.
Salam Shamsul, have sent you an email.
Salam, interested to know more abt shariah compliant reits.
Thanks.
Hadi, I have replied you an email.
Hi, I’m interested to know more on how to invest. Thanks!
how can i get the list of shariah compliant sgx stocks? thanks
How to start investing in shariah Reit?
Salam. Would like to get more info on Shariah compliant REIT. Thanks.
All, please send your email to kennyloh@fapl.sg if you are interested to find out about Shariah compliant investment and Shariah REIT.
Thanks
Assalammualaikum..
Please inform me more on this & how much is the fees. Thank you & wassalam
Salam, I have replied to email.
Hi,
would like to know more info on shariah compliant reit and the minimum amount to invest.
Thanks.
Salam Rashidah, I have replied you through email.
Assalamualaikum,
May i know more on investing in SGX according to shariah compliance and minimum fees required for investing.
Regards,
I have sent you an email.
Salam, is there an updated list for this? Your reply is much appreciated.
I have the updated Shariah Compliant REITs but only limited to my Muslim investors only. Sorry.
May i know more on investing in SGX according to shariah compliance and minimum fees required for investing and what is your advisory fee?
Im interested to know more about this shariah compliance REITs
Have sent you an email on the info.
Salam, you can send an email to kennyloh@fapl.sg on your questions. Thanks