A Stable Diversified RE Growth
Opportunity for You
Consistent Income Producing Returns
Fund Highlights
$2 Bn AUM
6 to 10%
$3.5M
1 YEAR
SP Group of Companies
Target Returns
Distrubutions to Date
Min Hold
Diversify Your Portfolio With SP Funds Private RE Fund
The SP Funds RE, LLC Fund, is a private fund that strives to provide a stable income-producing solution to investing in Real Estate.The SP Funds RE, LLC Fund, is a private fund that strives to provide a stable income-producing solution to investing in Real Estate.
Focusing on creating value for its investors through the acquisition, ownership, and progressive management of Real Estate projects throughout the US.
Focusing on creating value for its investors through the acquisition, ownership, and progressive management of Real Estate projects throughout the US.
1
Highly Selective Profitable Opportunities
From start to finish, we take care of everything—from identifying a highly selective real estate deal that meets our strict target criteria and expertly negotiate the purchase and deal.
2
You Invest as a Limited Partner
We specialize in B, B+, B++, and A multifamily properties with strong growth potential, providing investors with a low-risk yet highly rewarding opportunity.
3
SP Funds RE 100% Sharia Compliant
Following our strict Sharia board model of ensuring that each deal is 100% Sharia-compliant, and has no leverage or debt, ensuring investments are riba-free end to end.
4
You Receive Distributions
You enjoy the rewards of your cash flow-positive assets every quarter, while benefiting from our top-tier operational oversight and management services.
FUND DETAILS
The SP Funds RE, LLC Fund, is a private fund that strives to provide a stable income-producing solution to investing in Real Estate. Focusing on creating value for its investors through the acquisition, ownership, and progressive management of Real Estate projects throughout the US.
FUND INCEPTION
April 29, 2019
PORTFOLIO CATEGORY
Residential, Multifamily, Commercial
EQUITY RAISED TO DATE
$9.5 M
DISTRIBUTIONS
Paid Quarterly
SHARIA COMPLIANCE
Fully Compliant (no leverage, no debt)
FUND ALLOCATION
75% Commercial + Residential RE
25% Public Traded Securities + Cash
RETURN ON EQUITY
Equity Multiple: 6% to 10%
RETURN ON CASH-ON_CASH
6% CoC annual
MIN HOLD PERIOD
1 Year
INVESTOR PROFILE
Accredited Investors
Meet Our Team
Chairman ShariaPortfolio Group of Companies
Naushad founded ShariaPortfolio in the USA in 2003, led the expansion into Canada in 2017 & started working with global clients in 2020. He is also one of the portfolio managers for the SP Funds line of Sharia-compliant exchange traded funds (ETFs).
- GLENN VITALE
CPA, Chief Financial Officer
Glenn Vitale is a licensed Certified Public Accountant in Florida and a Certified Specialist in Estate planning by profession. He has over 15 years experience in corporate accounting & financial management and over 25 years experience in public accounting.
Private Funds Administrator
Shafran Shurid is a dedicated professional with a degree in Business Administration. He has a background in Quality Assurance. Outside of his professional life, Shafran enjoys
hiking, kayaking, working out, and playing video games, balancing his career with an active and adventurous lifestyle.
Sales Manager, Executive Board Member
Naeem has more than 20 years of experience in management consulting working at Big 4 firms including KPMG, Bearingpoint, Deloitte and Grant Thornton. He has led large multi-
site projects with Fortune 1000 clients, including VMware, Dell, Pepsi, Boeing, FedEx and more.
Executive Assistant to CEO
Fatema Alidina graduated the University of California, Santa Barbara in 2010 with Bachelor of Arts Degrees in Communication,
and Sociology. She worked at Omnicom Media Group as a Strategist before joining ShariaPortfolio, USA in 2014
- MOLLY PERSAUD
Executive Administrator
With an Associate’s Degree in Business Administration, Molly Persaud brings two decades of experience in the Elementary Education field to her current role as a Receptionist at SP Funds.
Frequently Asked Questions
What is a Sharia-compliant real estate fund?
It’s a private investment vehicle that follows Islamic principles (Sharia), avoiding interest (riba), excessive uncertainty (gharar), and prohibited (haram) activities. The fund invests in real estate assets using halal financing methods like Musharakah (partnership).
How is this fund Sharia-compliant?
We adhere to strict Islamic investment guidelines. All assets are free from conventional interest-bearing debt, our contracts are structured according to Islamic principles, and we consult with Sharia scholars for certification and ongoing compliance.
Are there any interest-based loans or conventional financing involved?
No. We do not use conventional debt. All transactions and capital structures avoid riba and are approved by our Sharia board.
Who is eligible to invest?
This fund is open to accredited investors, which generally includes individuals with a net worth of $1 million+ (excluding their primary residence), or an annual income of $200,000+ ($300,000+ for couples) over the past two years.
What types of real estate do you invest in?
We focus on income-generating halal properties like single and multifamily housing, and office buildings—not involved in haram industries (e.g., alcohol, gambling, conventional banking).
What is the minimum investment amount?
The minimum investment is $100,000, though larger commitments are welcomed.
How long is the typical investment term?
Our standard investment term is a minimum of 1 year. This allows us to optimize property value through management and strategic improvements.
How often will I receive returns or distributions?
Investors typically receive quarterly distributions, depending on property cash flow. These will include returns, based on operating cash flows.
What are the expected returns?
While past performance is not a guarantee of future results, historically we have paid 6% annually, based on our investment criteria and historical outcomes.
How is this different from investing in a REIT?
Private funds offer greater control over asset selection, potential for higher returns, tax advantages (like depreciation), and are less correlated to public markets than publicly traded REITs.
What fees does the fund charge?
The fund pays a 1.2% annual fee to the Fund Manager. Full details are provided in our PPM (Private Placement Memorandum).
Can I redeem or exit my investment early?
Due to the illiquid nature of private real estate, early redemption is generally not permitted. However, certain exceptions may apply and will be outlined in the fund’s legal documents.
How do you mitigate risk in the fund?
We focus on thorough due diligence, conservative underwriting, value-add strategies, market diversification, and hands-on asset management to reduce downside risk and protect investor capital.
How do I get started with investing?
Click on the “Invest Now” button to begin the onboarding process. You’ll complete a brief questionnaire, submit accreditation verification, and sign the necessary documents through our secure online portal.