03.06.2011 - Islamic trusts could revive Gulf property market
The emergence of Islamic real estate investment trusts (REIT) in the Middle East, which offer the chance to own shares in a portfolio of real estate assets with a steady paid dividend from the income earned on those assets, may lure investors such as Hamdan back to the sector again. Islamic REITS differ from their conventional counterparts by banning investment in any assets that pay interest or conduct business in any forbidden industry, such as gambling, alcohol or adult entertainment..............................................Full Article: Source
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