Listed on 10 August 2006, Al-Aqar Healthcare REIT (Al-Aqar) is the first and only Islamic Healthcare REIT to be listed on Bursa Malaysia. Beginning with an initial portfolio of six properties, Al-Aqar is deriving recurring income from a portfolio of 19 hospitals and 3 healthcare properties in Malaysia and Australia worth RM 1.46 billion as at 30 September 2018.

In this article, I’ll revisit its fundamentals, bring an update on its latest financial results and assess its investment potential at its current unit price. Hence, here are 5 things to know about Al-Aqar before you invest.

#1: Latest Financial Results

Overall, Al-Aqar has delivered stable gross revenue and distributable income to its unitholders. Evidently, I found that revenue in Q1 2016 has fallen marginally to RM 26.4 million from RM 27.6 million in Q1 2015. It is due to its disposal of 2 properties in Indonesia. Meanwhile, revenue