Investment Policy

Al-Salām REIT is an Islamic REIT established with the principal investment policy of investing, directly and indirectly, in a diversified Shariah-compliant portfolio with income producing Real Estate which are used primarily for commercial retail, office and industrial purposes in Malaysia as well as Real Estate-Related Assets.

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Investment Objective

The Manager’s key objective is to provide Unitholders with regular and stable distributions, sustainable long term Unit price and Distributable Income and capital growth, while maintaining an appropriate capital structure.

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Key Investment Strategies

The Manager intends to increase the income as well as the value of the Subject Properties, through the following strategies:-

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Dato’ Kamaruzzaman bin Abu Kassim, Malaysian, Male, Aged 53, is the Chairman and Non-Independent Non-Executive Director of the Manager. He was appointed to the Board as a Director on 12 January 2007 and as the Chairman on 12 January 2011. He is currently the President & Chief Executive of JCorp with effect from 1 December 2010

Dato’ Kamaruzzaman graduated with a Bachelor of Commerce (Accountancy) from University of Wollongong, New South Wales, Australia in 1987. Dato’ Kamaruzzaman is also the Chairman of KPJ Healthcare Berhad. He is also the Chairman and/or Director of several companies within the JCorp Group which includes, amongst others, Kulim (Malaysia) Berhad, Johor Land (JLand), QSR Brands Berhad and Waqaf An-Nur Corporation Berhad, an Islamic endowment institution which spearheads JCorp’s corporate social responsibility programmes.

Dato’ Kamaruzzaman embarked his career as an Audit Assistant with Messrs K.E Chan & Associates in May 1988 and later joined Messrs Pricewaterhouse Coopers (formerly known as Messrs Coopers & Lybrand) in 1989. In December 1992, he joined Perbadanan Kemajuan Ekonomi Negeri Johor (currently known as Johor Corporation) as a Deputy Manager in the Corporate Finance Department and was later promoted to General Manager in 1999. He then served as the Chief Operating Officer of JCorp beginning 1 August 2006 and was later appointed as the Senior Vice President, Corporate Services & Finance of JCorp beginning 1 January 2009 and Acting President & Chief Executive of JCorp beginning 29 July 2010.

 

 

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