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W.P.Carey mulls plan for Sharia fund

Posted on 24 June 2009

From Reuters: U.S. real estate financing company W.P. Carey is mulling a plan to launch an Islamic compliant fund, a plan first spawned in 1997, as part of its global fundraising efforts, its president said on Tuesday.

Edward LaPuma told the Reuters Global Real Estate Summit the company had set up an Islamic-compliant fund in the late 1990s, which had attracted interest in the Middle East……..Full Article: Source

 
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