IslamicFinance.de

Oil prices and regional tensions have taken their toll on the Islamic finance sector. Sharia-compliant funds suffered their worst sales in four years, falling more than 74 percent on 2014’s figures. But Magali Mouquet, executive director responsible for IR at Emirates REIT, says that as one of only three sharia-compliant real estate investment trusts (REITs) in the world, adhering to Islamic finance principles has brought only opportunities to the Dubai-based trust. Mouquet says other investors – those perhaps looking for an SRI angle rather than a focus on Islamic finance principles – are also interested in the trust, which offers ‘guaranteed transparency’.