Islamic Financing in Commercial Real Estate Financing

With the longest sustained oilprice rise in history, many Middle Eastern investors are looking to diversify the investment of their increased resources to generate alternative income streams. Many have turned to real estate due to its capital intensive and low volatility characteristics. This diversification of income has helped the United Arab Emirates (UAE) reduce its GDP dependency to the oil and gas sector. Dubai has been particularly successful in diversifying its economic base with the …