KHALIL HANWARE

Islamic finance to flourish in Kingdom

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).

Saudi mortgage law to usher in new financing boom

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

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