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 Russian Winter Market Airlift Surge

Category: Tourism, Posted:14 Aug 2022 | 19:39 pm Direct airlift between Moscow and Phuket will resume with flights starting from 30th October. National carrier Aeroflot will offer daily service. Currently,  most Russian travelers fly via the Middle East on Emirates, Qatar, or Etihad. Singapore Airlines previously flew direct to Moscow and connected travelers via a number of flights to Phuket, but suspended services […]
Read more

Global Experiential Hospitality Brand Selina Debuts In Southeast Asia

Category: Hotels, Posted:12 Aug 2022 | 18:12 pm One of the fastest-growing hospitality brands in the world Selina, has opened their first Southeast Asia property in Phuket, Thailand. The 52-key Selina Serenity Rawai Phuket is a conversion of what was previously an independently managed property, and prior to that had been operated by Outrigger Hotels and Resorts. Selina’s DNA is based on local […]
Read more

BDMS To Open Medical Wellness Facility At Laguna Phuket

Category: Real estate, Posted:12 Aug 2022 | 10:27 am The Greater Cherngtalay area in Phuket is set to see a new international-standard medical and wellness facility from leading Thai group BDMS (Bangkok Dusit Medical Services). Located in the middle of the integrated resort development of Laguna Phuket at Canal Village, the offering is targeted at both a growing local and expatriate population and overseas […]
SiaJai logo

Thailand's Leading Homecare Marketplace