From Zawya Dow Jones: Demand for Islamic private equity in oil-rich Gulf Arab states is on the rise among investors who value its more prudent debt approach and its flexibility in structuring deals, even though the sector faces hurdles in the form of a shortage of qualified professionals and restrictions in its investments options.
The global Islamic finance industry–widely valued at $1 trillion–is booming and whetting the appetite of many financial institutions in the Arab Gulf region, which want to tap new revenue streams against a backdrop of slower growth and subdued lending……………………………………….Full Article: Source