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Qatar set to become key global hub for Shariah-compliant products

Posted on 11 April 2013

Qatar is set to become a “key international distribution hub” for Shariah-compliant products as the Islamic finance market continues to emerge, a new report has shown. While infrastructure projects will feed new alternative fund structures and boost public-private partnerships, Qatar also has a long-term interest in developing as a centre for Islamic finance, said Qatar Financial Centre Authority in its first ‘Mena Asset Management Barometer’.
Currently, almost 50% of the funds located in the country are Shariah-compliant vehicles, marking it out — along with Saudi Arabia — as one of the region’s most important fund centres for Islamic finance………………………………………..Full Article: Source

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


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