Alinma Investment Company has successfully completed the offering and coverage of units of Alinma Makkah Real Estate Fund, a Shari'ah-compliant closed-end real estate investment fund, with total subscriptions exceeding SAR 13.5 billion.

The offered units will be allocated to investors (whether individuals or institutions) according to the terms and conditions of the fund on a pro rata basis for each subscriber in proportion to the value of his subscription, after distributing the minimum number of 1000 units for each investor, equivalent to SAR 10,000, and the allocation and surplus will be announced no later than 15 working days from the closing date, and the fund manager will refund the surplus to subscribers by depositing it in their accounts with Alinma Investment as stipulated in the terms and conditions of the fund.

The fund manager will refund the surplus to the subscribers by depositing it in their accounts with Alinma Investment as provided for in the terms and conditions of the fund.