TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

Islamic Finance Entering Property Sector

Category: Real estate, Posted:22 Nov 2009 | 10:29 am

One of today's emerging debt market's are the petro dollar driven Islamic Finance Funds. Aside from a logical base in the Middle East, the UK, and in Asia counties such as Malaysia, Indonesia, now Thailand is seeing these unique products emerge. Within this country we have already seen some property projects source funding in this arena.
There continues to be many idiosyncrasies to the operations and principals vary much from traditional bank or private equity funding. Fundamentally Islamic Sharia law forbids lending for profit so cannot charge interest, wide disclosure is required and sectors such as those involved gambling, and alcohol are not allowed. Due to the unique situation return thresholds are lower then most market rate and common methods to work within a rigid framework are leasing, or the sharing of profit and losses.
This risk adverse mandate has somewhat sheltered the sector from the current financial crises and poses an attractive source of funding. Going into the next decade as oil rich countries continue to have excess liquidity the modern Islamic Financing industry is set to become a major play it the financial markets.

Other News

Read more

Phuket’s Real Estate World’s Collide. Off-Plan Sales Flatten in Wake of Growing Resales

Category: Real estate, Posted:06 Jun 2024 | 05:54 am Phuket’s massive influx of new real estate development is witnessing rising competition from the secondary marketplace. The collision between off-plan property sales and resales is inevitable given the sheer number of units being completed and a growing critical mass of older properties. Comparing primary and re-sale transactions on the island from the first four months […]
Read more

New Report On Samui’s Hotel Recovery, From C9 Hotelworks

Category: Hotels|Tourism, Posted:05 Jun 2024 | 18:01 pm A resurgence of Samui tourism has been fueled by domestic travelers, with 69% Y-O-Y growth. Muted Chinese traveler demand pushes hotels to diversify source markets and adapt to a changing landscape according to C9 Hotelworks new Samui Hotel & Tourism Market Review. In 2023, Samui hosted 3,541,821 visitors, evenly split between domestic and foreign travelers, […]
Read more

Bid Now. Only 8 Days Left For the PHAB Great Travel Auction

Category: Hotels, Posted:04 Jun 2024 | 07:52 am There are only 8 days left to bid on this year’s non-profit Phuket Hotels Association online charity travel auction. Amazing travel stays from London, Australia, Bali, Dubai, Paris, Maldives, and of course Phuket, Bangkok, and Koh Samui. There is even a vacation stay in Bhutan. All of the proceeds go to support the hospitality scholarship […]
SiaJai logo

Thailand's Leading Homecare Marketplace