Saturday, March 1, 2008

SEBI okay may see Islamic funds enter Indian realty

Booming Islamic finance is likely to acquire assets in India through Islamic Real Estate Investment Trusts. According to a report by Moody’s although IREITs are not in existence in India, the draft IREIT guidelines issued by SEBI may pave the way for these funds into the Indian property market.
SEBI okay may see Islamic funds enter Indian realty- Money Markets-Markets-The Economic Times

No comments: