Tue, May 26, 2020
A A A
Welcome bhaimia
RSS

Mortgage law to spur Islamic finance: Study

Posted on 12 July 2012

Saudi Arabia’s approval of a landmark mortgage law this week after a delay of more than three years will give rise to Islamic funding and tackle some of the challenges in the real estate sector in the Kingdom, National Commercial Bank (NCB) said.
Although all income segments will be positively impacted from the enactment of a mortgage law, those within the affluent segment will have greater freedom to either finance the construction of their own houses or to invest in the housing sector, NCB noted………………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
May 2020
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031