18.05.2011 - Sharia instruments vital for GCC project finance
Sharia-compliant financial instruments will play an increasingly important role in project finance across the region. "Across the GCC, all major projects now have a significant involvement from Sharia-compliant investments," Charles Russell Middle East partner Nicholas Polley said. "With the growth of the Islamic finance market in recent years, experience has shown that major projects can be commercially financed either fully from Islamic finance or by means of both conventional and Islamic finance arrangements..............................................Full Article: Source
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