Shariah property investment in Asia
Ghanbari Parsa , A, Muhammad Faishal Bin Ibrahim, M and Ong Seow , E 2009, 'Shariah property investment in Asia' , Journal of Real Estate Literature, 17 (2) , pp. 231-248.Full text not available from this repository.
Islamic banking and finance is growing at a rapid pace because of its value-oriented ethos. Through interviews with Shariah-compliant property investment players in Singapore, Bahrain, and Dubai, this research is a sequel to Parsa and McIntosh (2005), which looks at the trends and the development of an international strategy for Shariah-compliant property investment. The findings reveal that more than 95% of the respondents felt that "compliance with Shariah law is a fundamental requirement in terms of "halal" type of investment and investment structure." More than 75% of the respondents preferred to use the ijara/ijara-wa-iqtina and sukuk method of financing Shariah-compliant property investment. Seventy-eight percent of the respondents felt that Southeast Asia has the highest potential in Asia in attracting Shariah-compliant property investment. Together with the findings of Parsa and McIntosh (2005), this study extends the insights to the world of Shariah property investment.
|Themes:||Built and Human Environment|
|Schools:||Colleges and Schools > College of Science & Technology > School of the Built Environment > Centre for Property and Facilities Management|
Colleges and Schools > College of Science & Technology > School of the Built Environment
|Journal or Publication Title:||Journal of Real Estate Literature|
|Publisher:||American Real Estate Society|
|Depositing User:||AR Ghanbari-Parsa|
|Date Deposited:||19 Oct 2011 11:06|
|Last Modified:||19 Oct 2011 11:06|
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