Empowering Muslim Investors: Insights on Shariah-Compliant REITs at Rizq Symposium 2025

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🕌 I was honored to be invited as one of the speakers at the Rizq Symposium 2025 organised by Islamic Finance Singapore (IFSG Ltd.), where I presented to 150 Muslim participants on Islamic Real Estate Investment Trusts (REITs) listed on the Singapore Exchange.

According to the latest update from the FTSE ST Shariah Index, there were seven qualified REITs: ShariahREITs
✅Keppel DC REIT
✅Keppel REIT
✅Frasers Logistics and Commercial Trust
✅Digital Core REIT
✅ESR-REIT
✅AIMS APAC REIT
✅Parkway Life Real Estate Investment Trust.

💡I was also pleased to announce that we had a booth showcasing REITsavvy’s capabilities. REITsavvy is the most comprehensive Singapore REITs screener and provided valuable information on Singapore REITs for international investors. Additionally, we featured the Islamic REITs Managed Account offered exclusively by Financial Alliance Pte Ltd and PhillipCapital B2B Team. IslamicREITs

💡Furthermore, Sani Hamid, the Head of Islamic Wealth Advisory at Financial Alliance, provided a Global Economic Outlook for 2025. My former colleague, Haron Mas, offered insights on Takaful and Estate Planning for the Muslim community.

🤙Any Muslim investors, either local or abroad, keen to explore investment opportunities in Islamic REITs or other Shariah-compliant investment solutions are welcome to reach out to me for further discussion.

𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 𝐒𝐡𝐚𝐫𝐢𝐚𝐡-𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐭 𝐑𝐄𝐈𝐓𝐬: 𝐀 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐆𝐮𝐢𝐝𝐞
https://lnkd.in/g9h-yrCF

Mr. Kenny Loh is a Certified Estate Planning Consultant and also a CERTIFIED FINANCIAL PLANNER (CFP). Kenny has more than 10 years in Holistic Estate Planning experience, using a unique “3-in-1 Will, LPA and Standby Trust” solution, to address his client’s social consideration, legal obligation, emotional needs and family’s harmony in his approach. Kenny has Double Master degree in Business Administration and Electrical Engineering, and also an AEPP (Associate Estate Planning Practitioner) jointly awarded by The Society of Will Writers & Estate Planning Practitioners (SWWEPP) of The United Kingdom, in collaboration with Estate Planning Practitioner Limited (EPPL), the accreditation body for Asia.
Check out Kenny Loh profile here and also Estate Planning Services.
Continue ReadingEmpowering Muslim Investors: Insights on Shariah-Compliant REITs at Rizq Symposium 2025

(CNA Interview) Daily Cuts – Cuscaden Peak offers to privatise Paragon Reit for $2.78b

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Cuscaden Peak Investments has proposed to privatise and delist Paragon Reit for $2.78 billion, eyeing major upgrades to Paragon mall. Paragon Reit currently owns Paragon mall, which accounts for 72 per cent of the Reit’s value. Andrea Heng and Hairianto Diman find out this means for the buyer with Kenny Loh, Wealth Advisory Director, REIT specialist and SGX Academy Trainer.

  • [00:00:00] Introduction: Host: Andrea Heng, Guest: Kenny Loh, Wealth Advisory Director, REIT Specialist, and SGX Academy Trainer

  • [00:01:10] Overview of the Offer: What does the price of $0.98 mean?

  • [00:02:20] Overview of the Offer: How is the price of $0.98 derived? And comparison to other Retail-sector REITs

  • [00:05:45] How can the privitisation strengthen Cuscaden Peak’s portfolio?

  • [00:08:20] Refurbishment of Paragon: How can Paragon be revived, in the midst of the Orchard Road downturn? The execution of Paragon’s AEI may affect the REIT’s distribution for a while. Privatisation might be a better approach.

Mr. Kenny Loh is a Certified Estate Planning Consultant and also a CERTIFIED FINANCIAL PLANNER (CFP). Kenny has more than 10 years in Holistic Estate Planning experience, using a unique “3-in-1 Will, LPA and Standby Trust” solution, to address his client’s social consideration, legal obligation, emotional needs and family’s harmony in his approach. Kenny has Double Master degree in Business Administration and Electrical Engineering, and also an AEPP (Associate Estate Planning Practitioner) jointly awarded by The Society of Will Writers & Estate Planning Practitioners (SWWEPP) of The United Kingdom, in collaboration with Estate Planning Practitioner Limited (EPPL), the accreditation body for Asia.

Check out Kenny Loh profile here and also Estate Planning Services.

Continue Reading(CNA Interview) Daily Cuts – Cuscaden Peak offers to privatise Paragon Reit for $2.78b

S-REITs Daily Liquidity – an overview after Paragon REIT’s proposed privatisation offer

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First appeared on REITsavvy.

On 11 February 2025, Paragon REIT received a privatization offer from Times Properties, a wholly owned subsidiary of Cuscaden Peak Investments, at a 10.1% premium to the counter’s last transacted price.

The reason for the privatization offers revolves around the “low” liquidity and free float as well as the offeror’s intention to conduct major asset enhancement initiatives (AEI), which the offeror believes is “more suitably carried out in a private setting.”

Based on the offeror’s rationale, given that Paragon accounts for 72% of the REIT’s portfolio, any AEI will result in massive disruption in the operating performances, and DPU and hence result in undesirable drawdowns which limits the manager’s ability to maintain the mall’s competitiveness in the long run.

In this article, we’ll examine the REIT market in Singapore and identify the REITs that exhibit similar liquidity constraints and portfolio concentration risk so that investors can have a better sense of the likelihood of future privatization.

Defining Daily Liquidity

To facilitate the analysis, we’ll be quantifying market liquidity based on the following formula:

Daily Liquidity = 30 Day Average Trading Volume in $ / Market Capitalization

This provides us with a sense of the average market depth while accounting for the impact of market capitalization by examining it in a ratio rather than from a nominal figure. (i.e. a $10 billion market capitalization REIT will have a higher trading volume (in $) as compared to a $1 billion market capitalization REIT).

By applying the formula and ranking the 38 S-REITs that REITsavvy tracks in descending order (data as of 12 Feb 2025), the findings are as follows and there are at least 7 S-REITs that trade below Paragon REIT based on daily liquidity which is based on the REIT market capitalisation.

Continue ReadingS-REITs Daily Liquidity – an overview after Paragon REIT’s proposed privatisation offer