Fri, Aug 22, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Market Moves, Private Equity, Property, Projects, Infrastructure more

Realty boom, finance demand to ‘benefit GCC banks despite challenges’

Posted on 04 November 2008

From Gulf-times.com: Exceptional growth in the real estate sector and increasing financing demand in the GCC countries have created valuable opportunities for banks and financial institutions but lenders are faced with operational challenges, according to a study.

The lack of specialised mortgage servicing, streamlined process workflows and use of technology as well as the non-existence of a rated servicing platform were challenging the financial institutions within the growing GCC mortgage markets, said a study by Capitas Group, a New York based firm with a track record of establishing Shariah-compliant specialty finance business….. Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031