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Islamic Finance Briefing - Categorized | Emerging Trends, Investment more

Asian Islamic REITS ‘drawing Gulf investors’

Posted on 29 November 2010

From Tradearabia.com: More sharia-compliant real estate investment trusts (REITs) will come to market in Asia in early 2011 as cross-regional Islamic investors increasingly embrace the product, HSBC Amanah Malaysia’s new head said.

Singapore’s first sharia-compliant REIT, Sabana REIT, listed on Friday, having drawn a mixture of both conventional and Islamic investors, a quarter of them from the Middle East, Chief Executive Rafe Haneef said…………………………………….Full Article: Source

 
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