Musharaka Capital liquidates Majediah Real Estate Fund I, achieving returns of 56%

In a new exceptional milestone, Musharaka Capital announced the termination and liquidation of the Majediah Real Estate Fund I, which includes two projects: Majediah 122, located in King Salman district, neighborhood, and Majediah 134 located in the Al-Izdihar district, Riyadh, With [GA1] a total of 110 residential units. The fund achieved an exceptional return of 56% within three years of its launch.

The company explained that the fund offered subscribers the opportunity to invest in strategic locations in Riyadh, particularly in the King Salman and Al-Izdihar districts. This is part of a series of investment opportunities offered by Musharaka Capital to its clients.

The fund is a private closed-end real estate investment fund compliant with Islamic Shariah principles. It was established according to the Investment Funds Regulations issued by the Capital Market Authority (CMA).

Ibrahim Al Assaf, Managing Director and CEO at Musharaka Capital, affirmed that the fund achieved a higher-than-expected investment return thanks to the collaborative efforts between the fund manager and the developer. The strategic locations of the fund's projects, coupled with the high levels of professionalism in development, execution, and sales, significantly contributed to achieving the fund's objectives.

Meanwhile, the fund's managing director congratulated subscribers on this success, stressing that Musharaka Capital committed to continually provide suitable products to shareholders, these products are designed to meet market needs and deliver investors with good returns while maintaining acceptable risk levels.

It is worth noting that Musharaka Capital is a closed joint stock company licensed by the CMA with license number 13169-27 and offers Shariah-compliant investment opportunities.