Al Khabeer REIT inks hedge agreement with BSF
06/11/2019
Argaam
Al Khabeer REIT Fund has signed, on Tuesday, a Shariah compliant hedge agreement with Banque Saudi Fransi (BSF), the fund manager, Al Khabeer Capital, said in a bourse statement.
The agreement aims to stabilize the interest margin of the facilities agreement signed with Al Rajhi Bank at SAR 420 million, at a fixed rate of 4.69 percent per year, in order to protect the fund's returns from fluctuating interest margin until January 10, 2024.
In February, Al Khabeer REIT signed a facility agreement valued at SAR 420 million with Al Rajhi Bank, according to data compiled by Argaam.
Market Indices
TASI
10,878.46
13.89
0.13 %
Quotes
BSF
21.71
0.31
1.45%
ALKHABEER REIT
5.60
0.00
0.00%
About Us
Join Us
Argaam Tools is an advanced tool that provides investors, analysts, research houses, and corporate executives with easy access to a single source for in-depth data on macroeconomy, capital market, sectors, and companies insights.
Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}