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Islamic Finance Briefing - Categorized | Capital Market (Equity, Mutual Funds), Finance more

Investment Dar Creditors Committee demands more convincing plan for creditors and investors

Posted on 25 June 2009

From Sukuk.net: Bahrain’s Central Bank yesterday approved a Shariah-compliant real estate investment trust (Reit) by investment bank Inovest. Inovest will start marketing the units and intends to list the Inovest Real Estate Investment Trust (Ireit) on the Bahrain Stock Exchange.
Chief Executive Officer Dr Khalid Abdulla said: “We have worked closely with the central bank over the past few months and are proud to have obtained approval for the first Shariah-compliant Reit…….Full Article: Source

 
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