06
September

Derayah Financial announces the occurrence of an event to Derayah REIT (Board of Directors’ Decision to Register Derayah REIT with the General Authority for Zakat and Income for the purpose of Zakat)

Description of the Event: Derayah Financial announces Derayah REIT Board of Directors’ decision to register the Fund with the General Authority for Zakat and Income for Zakat, as per the relevant regulations. In this regard, the Fund Manager shall appoint an independent advisor to assist in the registration process, calculating Zakat, and other necessary arrangements.

 

The Impact Caused by the Event: The Fund Manager will later announce any development in this regard, including the Zakat amount and its impact on the Fund.