Monday, December 04, 2006

Sukuk & Shari'ah-compliant healthcare REIT

New sukuk

"Lagoon City Musharaka Sukuk Road show launched in Bahrain", AMEinfo, December 4, 2006

The sukuk is being issued to finance residential and commercial real estate development in the Kheiran Pearl City project in Bahrain.

"Securitisation the way forward to raise finance and provide investment opportunities", Channel News Asia, December 4, 2006

The article describes the first Shari'ah-compliant REIT, comprising 17 private hospitals built with conventional interest-bearing loans.

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