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REIT eyes Shariah-compliant listing in Singapore

Posted on 13 October 2010

From WSJ: Sabana Shari’ah Compliant Industrial Real Estate Investment Trust, or Sabana REIT, is planning to raise about 600 million Singapore dollars (US$459 million) in an initial public offering, a person familiar with the situation said Tuesday.
If successful, this would be the first Shariah-compliant listing in Singapore……………………………………….Full Article: Source

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


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