An Nur Property
A Musharakah partnership in plain words: the community buys a rental home together, earns its rent together, and shares its growth together — with no interest anywhere in the chain.
Every property is listed with its complete financials before funding opens: the purchase price, refurbishment budget, legal costs, contingency reserve, projected rent and running costs. The projected yield is calculated from those numbers — never invented. The specimen co-ownership agreement and full financial model are published as documents on each property.
Each property is divided into shares of equal value with a small minimum holding. Sign in, choose your number of shares, and reserve. You'll receive a unique payment reference and our bank details — pay by standard bank transfer, quoting the reference. No card fees, no payment processor between you and the partnership.
When your transfer arrives, our team matches it by reference and confirms your reservation — typically within two working days. Your shares then appear in your portfolio, along with the signed agreement and shareholder documents. If a property doesn't reach full funding, every transfer is returned in full.
Once fully funded, An Nur Property completes the purchase and manages everything: letting, rent collection, maintenance, insurance and compliance. Shareholders receive updates on the property's timeline — refurbishment progress, tenancy news and distribution notices.
Net rental income — actual rent received, after actual costs — is distributed to shareholders pro-rata every quarter, by bank transfer. Each distribution is itemised in your portfolio. When the property is eventually sold, sale proceeds and any growth are shared the same way.
The structure is a Musharakah — a partnership in a real asset. There is no lender, no borrower and no interest anywhere in the chain. You own a beneficial share of the property itself; returns come only from real rent and real sale proceeds, and risk is shared pro-rata. The agreement and structure are reviewed independently, and the review is published with each property's documents.
No — and that is deliberate. A guaranteed return on money is riba. Your income is your share of actual rent received after actual costs, so it varies with voids, repairs and the market. The projections on each property are honest estimates from real figures, not promises.
The intended hold is the property's target hold period, at the end of which the property is sold and proceeds distributed. If you need to exit early, contact us — we can offer your shares to the property's other shareholders first, then to the waiting list. Early exit is not guaranteed.
Every transfer is returned in full. Nothing is purchased until the raise is complete.
The property is held on behalf of all shareholders under the co-ownership agreement, which records every shareholder's exact holding. You can download the specimen agreement from any property page before reserving.