| From Channelnewsasia.com: Malaysia's government-owned Pelaburan Hartanah Bumiputra on Monday launched a 317-billion-dollar investment trust in a bid to encourage its majority Muslim Malays to invest more in property.
The sharia-compliant Real Estate Investment Trust (REIT) would allow Muslim Malays and indigenous groups -- collectively known as "bumiputra" or "sons of the soil" -- to increase their stake in real estate assets, said Prime Minister Najib Razak at the launch..............................................Full Article: Source
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