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Islamic investors eye Gulf real estate: S&P

Posted on 19 February 2010

From Tradearabia.com: Sharia-compliant investors are taking a renewed interest in commercial and residential real estate across the Gulf region, trying to time any investments to catch a rebound in prices, Standard & Poor’s said.

‘Despite the big hit that the real estate market has taken in the Middle East, there is interest coming back into this space,’ Alka Banerjee, vice president of global equity at S&P, told the Reuters Islamic Banking and Finance Summit…………………………………..Full Article: Source

 
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