29.09.2011 - Infrastructure investment to become 'increasingly Shariah-compliant'
Funding for global infrastructure will increasingly become Shariah-compliant as highly liquid Gulf sovereign wealth funds look to invest according to the tenets of Islam outside their own borders, leading bankers have said. Speaking after a panel session on Islamic finance at a banking conference last week, Yakub Bobat, global head of HSBC Amanah Commercial Banking, said an available pool of capital from Gulf-based sovereign wealth funds combined with demand from the Islamic financial industry for ethically acceptable asset classes had created a natural market for infrastructure investment..............................................Full Article: Source
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