OMAN: The board of directors of Jabal Real Estate Investment Fund (Jabal REIF) announced on July 2nd 2025 that it has approved the conversion of its fund to be Shariah compliant. In June, the board of directors invited shareholders to formally approve the conversion to Shariah compliant and to amend its articles of association accordingly. The Muscat Stock Exchange confirmed in December 2024 that Jabal REIF is Shariah compliant.
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