Mulkia Investment Company, manager of Mulkia Gulf Real Estate REIT fund, announced that the fund’s board has approved the appointment of a Zakat adviser to study the potential liability for Zakat registration and payment, it said in a bourse statement on Tuesday.
The company will also seek the services of an independent consulting office to assist in the study procedures and make a recommendation in this regard.
Further updates will be announced in due course, the statement added.
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