On June 23, 2026, Yaqeen Capital Co. announced the launch and commencement of operations of the Yaqeen Madinah Hotel Fund, a private, Shari'a-compliant, closed-ended real estate development fund with a target total size of approximately SAR 600 million including bank financing. The fund will invest in developing hospitality and residential real estate assets in Al Madinah Al Munawwarah, comprising two hotels, branded residential apartment units, and a retail component. The investment strategy focuses on generating value through real estate development, operational income from hospitality assets following stabilization, and the sale of residential units. The fund is expected to positively impact the company's revenues during the 2026 financial year through the collection of fees and expenses exceeding 5% of total revenues reported in the company's latest audited annual financial statements.

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