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Islamic Finance Briefing - Categorized | Banking, Emerging Trends, Finance, Market Moves more

Government panel concludes Amlak-Tamweel study

Posted on 11 March 2009

From Guardian: The UAE government will “soon” make a decision on how to restructure troubled Islamic mortgage lenders Amlak Finance and Tamweel after a committee reviewing the case completed its findings.
The home financing companies developed their businesses during an economic boom in Dubai that was kicked off by the emirate’s decision in 2002 to allow foreigners to invest in properties on a freehold basis….. Full Article: Source

 
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