AlAhli REIT Fund begins registration process with General Authority for Zakat and Income

The Board of Directors of AlAhli REIT Fund (1) has decided to commence the procedures of registering the fund with the General Authority for Zakat and Income for the purpose of Zakat, fund manager NCB Capital said in a bourse statement on Wednesday.

The fund will appoint an independent consultant to assist in the registration procedures and for other relevant arrangements, the statement said, adding that related developments will be announced later by the fund.