Record Details

IREITs: An Unrealized Potential in Gulf, Issues and Recommendations

Asian Journal of Business and Management

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Field Value
 
Title IREITs: An Unrealized Potential in Gulf, Issues and Recommendations
 
Creator Amin, Khuram
 
Subject REITs
IREITS
Gulf
Challenges
 
Description Islamic finance has gained attention of the world especially after rich Gulf States petrodollars have flushed their coffers due to record high oil prices. Setting up of sovereign funds by many countries which hold billions of dollars, investing ethically is a challenge. New Islamic financial institutions are being set up and organizations like AAOIFI are introducing standards for stakeholders to follow and invest according to Islamic principles. However as compared to the west these initiatives still lag behind and have a great scope to further expand. Islamic Capital Markets and Instruments are in their infancy. Islamic Real Estate Investment Trusts [IREITs] are one of the investment vehicles with huge potential and which can contribute to these capital markets. This paper examines the challenges and proposes certain suggestions to the concern parties on IREITs in the gulf region.  
 
Publisher Asian Online Journals
 
Date 2014-03-05
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
 
Identifier https://ajouronline.com/index.php/AJBM/article/view/999
 
Source Asian Journal of Business and Management; Vol. 2 No. 1 (2014): February 2014
2321-2802
 
Language eng
 
Relation https://ajouronline.com/index.php/AJBM/article/view/999/554