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KHALIL HANWARE

Islamic finance to flourish in Kingdom

Wed, 2010-03-31 19:00 — newsdesk

As Islamic finance is growing very rapidly in the United States, the US-based Florentez Investment Management Inc. (ShariahShares ETF) is set to launch a family of Shariah-compliant exchange traded funds (ETFs) on the NYSE (New York Stock Exchange).

Source: 

http://arabnews.com/economy/islamicfinance/article36204.ece

Saudi mortgage law to usher in new financing boom

Tue, 2010-03-02 16:54 — newsdesk

The Saudi mortgage law, once passed would drive Saudi housing demand and prices as more people access the market.

Source: 

http://arabnews.com/economy/islamicfinance/article20604.ece

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