Musharaka REIT Fund’s Q1 2025 rental income dropped 6% year-on-year (YoY) to nearly SAR 26.3 million, the quarterly financial ...

By bnm Gulf bureau The value of financing contracts compliant with Islamic Sharia principles rose to SAR2,471.6bn ($659.1bn) by the end of 2024, an increase of 13% compared to 2023, Argaam reported on ...

Amor Said Mohamed al Amri, DGM & Head of Retail Banking Dhofar Islamic, highlighted the sector’s robust growth. “Over the ...

Additionally, an impairment loss of SAR 5.9 million was recorded on investment properties, compared to a reversal of a SAR 15 million provision. Net asset value (NAV) stood at SAR 744.87 million by ...