Sidra Capital (Sidra), a CMA regulated Shariah compliant financial services company based in Saudi Arabia and Gatehouse Bank (Gatehouse), an FSA regulated UK-based Shariah compliant bank specialising in UK real estate, had announced and distributed the second round of net dividends distribution of 7.0% annualised for Sterling UK Real Estate Fund (SURF or Fund).
The latest dividends distribution maintains the threshold set in the first round of distribution in June of 7.0% net annualised, higher than the Fund’s targeted dividend of 6.5% per annum………………………………………..Full Article: Source