Showing posts with label al-nesf. Show all posts
Showing posts with label al-nesf. Show all posts

Saturday, 11 December 2010

FINANCE - KFH: Liquidized Ijarah real estate fund in Turkey results in 14% capital profit

Talal Al-Nesf 
Kuwait Finance House (KFH) announced that it liquidized a real estate fund in Turkey with a capital profit 14% and total profit that exceeds USD 10 million. The profits of October and November will be distributed among the fund's shareholders by 10% annually, which means that the investor has received total distributions over 6 years that exceeded more than 70%, in addition to the capital; thus highlighting KFH's investment policy that is based on careful planning and close monitoring of market's requirements.