AL Rajhi Reit Fund
Al Rajhi REIT Fund is a Shariah-compliant publicly traded REIT (Tadawul: 4340) managed by Al Rajhi Capital, investing in income-generating Saudi real estate and serving retail and institutional investors seeking halal real estate exposure and rental distributions.
- Company typePublic
- Founded2017
- HeadquartersRiyadh, Saudi Arabia
- Headcount251–500
- GTM typeB2C
- OfferingServices
What AL Rajhi Reit Fund does
Al Rajhi REIT Fund is a Shariah-compliant Real Estate Investment Traded Fund listed on the Saudi Exchange (Tadawul, ticker 4340) and managed by Al Rajhi Capital, a CMA-licensed (License 07068/37) subsidiary of Al Rajhi Bank. Founded in 2017 and headquartered in Riyadh, the fund invests in income-generating real estate assets across Saudi Arabia and distributes rental proceeds to unitholders in accordance with Islamic finance principles, serving both retail investors and institutional capital allocators such as pension funds and sovereign wealth entities. Its core product is the traded REIT vehicle itself, operated within a 50% maximum financing ratio and supported in April 2026 by SAR 2.5 billion in Shariah-compliant credit facilities from Al Rajhi Bank and Saudi Awwal Bank for refinancing and future acquisitions.
The fund does not operate its own technology stack or proprietary systems; instead, unit subscription, trading, and account management run through Al Rajhi Capital's existing infrastructure — the Al Rajhi eTadawul online platform, the Al Rajhi Capital mobile app, Tadawul secondary-market trading, and physical investment centers across Saudi Arabia. Its go-to-market is sales-led and distribution-led: capital is raised via public offering and subsequent capital increases, then distributed to unitholders through Al Rajhi Bank's branch network and Al Rajhi Capital's multi-channel platform, with marketing focused on the Shariah-compliant investment proposition.
Revenue is generated exclusively through rental income from the underlying Saudi real estate portfolio, classified as a recurring/subscription-style income stream that is periodically distributed to unitholders. No AI/ML, data products, or technology licensing revenue is present. The fund holds CMA, FATCA, and CRS compliance certifications, and is embedded within Al Rajhi Capital's broader suite of brokerage, asset management, mutual funds, discretionary portfolio management, and investment banking services, allowing cross-sell across the parent group's platform.
AL Rajhi Reit Fund firmographics
Firmographics- Name
- AL Rajhi Reit Fund
- Legal name
- Al Rajhi REIT Fund
- Website
- https://alrajhi-capital.com
- Company type
- Public
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Al Rajhi REIT Fund is a Shariah-compliant publicly traded REIT (Tadawul: 4340) managed by Al Rajhi Capital, investing in income-generating Saudi real estate and serving retail and institutional investors seeking halal real estate exposure and rental distributions.
- Ownership category
- akta.pro rank
AL Rajhi Reit Fund industry classification
Industry- Product category
- Real Estate Investment Trust (REIT)
- NAICS
- Other Investment Pools and Funds (5259), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Real Estate Investment Trusts (6798)
- akta.pro primary industry
- Islamic Investment Banking & Capital Markets Services (FSABAGAG)
- akta.pro secondary industries
- Real Assets Fund of Funds (Real Estate / Infrastructure / Natural Resources FoF) (FSAHAKAG), Sukuk Origination & Structuring (Bank-led) (FSABAGAL)
Keywords
Where AL Rajhi Reit Fund is headquartered
LocationHeadquarters
- HQ city
- Riyadh
- HQ country
- Saudi Arabia
- HQ region
- Middle East
Offices1 record
Markets served
AL Rajhi Reit Fund business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Others, Operations, Personnel
Revenue model
- Real Estate Investment Income: Al Rajhi REIT Fund generates revenue through rental income from its portfolio of Shariah-compliant real estate assets. The fund distributes rental income and profits to unitholders in accordance with Shariah principles, providing regular income streams from commercial, residential, and other real estate properties.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
AL Rajhi Reit Fund product offering
Product offeringCore offering
Al Rajhi REIT Fund is a Shariah-compliant Real Estate Investment Traded Fund that invests in income-generating real estate assets across Saudi Arabia. The fund generates revenue through rental income from its portfolio of commercial, residential, and other real estate properties and distributes rental income and profits to unitholders in accordance with Islamic principles. Managed by Al Rajhi Capital, the fund is listed on the Saudi Exchange (Tadawul) under ticker 4340.
Product overview
Al Rajhi Capital offers a comprehensive financial services platform consisting of brokerage services (local shares, Gulf/international markets, NOMU parallel market, IPOs), asset management (mutual funds, discretionary portfolio management, real estate investments including Al Rajhi REIT), investment banking (equity/debt capital markets, advisory services, sukuk programs), and securities services. The Al Rajhi REIT is a Shariah-compliant real estate investment trust managed by Al Rajhi Capital that focuses on income-generating real estate assets. The company provides research services and operates through its Al Rajhi eTadawul online platform and mobile app for trading across Saudi and international markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Al Rajhi REIT A Shariah-compliant Real Estate Investment Trust fund managed by Al Rajhi Capital that invests in income-generating real estate assets, offering investors exposure to the Saudi real estate market with halal investment principles and regular income distributions from rental income.
- Al Rajhi eTadawul Platform Online platform provided by Al Rajhi Capital for trading Saudi market shares and accessing investment account management features, enabling investors to buy and sell Al Rajhi REIT units.
- Al Rajhi Capital Mobile App Mobile application enabling trading in Saudi market and access to more than 37 international markets, with commission rates starting from SAR 10, used for REIT unit trading and account management.
Companies that use AL Rajhi Reit Fund
Customer profileSegments1 record
Ideal customer profiles2 records
AL Rajhi Reit Fund technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AL Rajhi Reit Fund partnerships and signals
Strategic signalScale indicators2 records
Recent moves5 records
Expansion highlights5 records
AL Rajhi Reit Fund competitors and assessment
Company assessmentDirect peers
- Derayah REIT: Saudi-listed Shariah-compliant REIT managed by Derayah Financial. Direct competitor in the Saudi listed REIT space with similar Shariah-compliant income distributions.
- Riyad REIT: One of the largest Saudi-listed Shariah-compliant REITs managed by Riyad Capital. Directly comparable in asset class, regulatory structure (CMA), and Shariah-compliant mandate, competing for the same Saudi investor base.
- Jadwa REIT Saudi Fund: Saudi-listed Shariah-compliant REIT managed by Jadwa Investment. Comparable in structure, asset focus (Saudi income-producing real estate), and target investor base (retail and institutional).
- SEDCO Capital REIT: Saudi-listed Shariah-compliant REIT under SEDCO Capital. Similar in mandate, geographic focus, and listed REIT structure on Tadawul.
- Bonyan REIT: Saudi-listed Shariah-compliant REIT focused on income-generating real estate in Saudi Arabia. Closely comparable in investment mandate, Shariah compliance, and Tadawul listing.
- AlAhli REIT Fund 1: Saudi-listed Shariah-compliant REIT managed by NCB Capital (SNB Capital). Comparable in regulatory oversight, asset class, and Saudi real estate focus.
- Swicorp Wabel REIT: Saudi-listed Shariah-compliant REIT with focus on Saudi real estate. Comparable structure, regulated mandate, and unit-holder base.
- Mashareq REIT (Musharaka REIT): Saudi-listed Shariah-compliant REIT initially managed by Bank AlBilad. Comparable in structure, sector focus, and Shariah-compliant income distribution model.
Regional players
- Aldar Properties REIT (or ENBD REIT): UAE/GCC REIT listings operating income-generating real estate funds under similar Islamic finance principles. Useful regional comparables for Gulf REIT pricing and yield benchmarks.
- Emirates REIT (CEIC): UAE-listed REIT on DFM/Nasdaq Dubai. Similar Sharia-compliant REIT structure and real estate focus, but operating in a different (UAE) market, providing a regional benchmark for Gulf REIT performance.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
AL Rajhi Reit Fund social profiles
Digital presenceAL Rajhi Reit Fund compliance and trust
Trust signalCompliance3 records
AL Rajhi Reit Fund financial estimates
Financial estimateRevenue estimate
Valuation estimate
AL Rajhi Reit Fund leadership team
Management profileNumber of profiles
AL Rajhi Reit Fund funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AL Rajhi Reit Fund M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AL Rajhi Reit Fund
What does AL Rajhi Reit Fund do?
Al Rajhi REIT Fund is a Shariah-compliant Real Estate Investment Traded Fund that invests in income-generating real estate assets across Saudi Arabia. The fund generates revenue through rental income from its portfolio of commercial, residential, and other real estate properties and distributes rental income and profits to unitholders in accordance with Islamic principles. Managed by Al Rajhi Capital, the fund is listed on the Saudi Exchange (Tadawul) under ticker 4340.
Is AL Rajhi Reit Fund a public or private company?
AL Rajhi Reit Fund is a public company. It is classified as public and is currently operating.
When was AL Rajhi Reit Fund founded?
AL Rajhi Reit Fund was founded in 2017. It employs 251 to 500 people.
Where is AL Rajhi Reit Fund based?
AL Rajhi Reit Fund is headquartered in Riyadh, Saudi Arabia, in the Middle East region.
How does AL Rajhi Reit Fund make money?
One revenue line is on record: real Estate Investment Income.
Who are AL Rajhi Reit Fund's main competitors?
Direct peers on record are Derayah REIT, Riyad REIT, Jadwa REIT Saudi Fund, SEDCO Capital REIT, Bonyan REIT, AlAhli REIT Fund 1, Swicorp Wabel REIT and Mashareq REIT (Musharaka REIT). Regional players are Aldar Properties REIT (or ENBD REIT) and Emirates REIT (CEIC).
Does AL Rajhi Reit Fund have an API?
No public API is recorded for AL Rajhi Reit Fund.
What industry is AL Rajhi Reit Fund in?
AL Rajhi Reit Fund's product category is Real Estate Investment Trust (REIT). Its primary akta.pro industry code is FSABAGAG, Islamic Investment Banking & Capital Markets Services, with a secondary code of FSAHAKAG, Real Assets Fund of Funds (Real Estate / Infrastructure / Natural Resources FoF). Its NAICS code is 5259 and its SIC code is 6798.