The path to ethical returns

Tan, Rachel

The path to ethical returns - 2006 - Estates Gazette (0616) 22 April 2006, 138-140(3) .

Explains that Islamic property investors operating under Sharia law have a range of financing vehicles allowing them to compete with investors using conventional debt structures. Islamic investments in the European property market have risen to nearly Euros 2bn to date in 2005 and are continuing to rise. Although it is perceived that Islamic real estate investors have to battle with many prohibitions governing investment criteria and financing options, ethical investing does not suppress the objective of profit making. Outlines the principles of Sharia law and focuses on the key Islamic financing strategies, Ijara and Murahaha. Concludes that an increasing array of Sharia-compliant real estate investment products is emerging.


SHARIA
MURAHAHA
IJARA