| From Reuters: The Islamic finance industry will need to look for new assets on which to base its structures as investors shun real estate after the sector took a hit during the financial crisis, executives at a Reuters summit said.
The sukuk, or Islamic bond market, particularly in the Gulf Arab region, had been dominated by real estate developers before a regional building boom came to an end in 2008 after the crisis kicked in and oil prices slumped.........................................Full Article: Source
|