|
|||||
|
Be a Friend of Abigmessage
 |
Not Sharia-Compliant Eversince Dubai World shocked the financial world with its debt default request in late 2009, the real estate sector has nose-dived, and so has the construction sector. Hardest hit were undoubtedly the property developers who suddenly found themselves saddled with unsold properties and abandoned construction projects. But it is the Islamic financing institutions who are facing [...] I have been following the developments surrounding the Dubai World’s sudden call for a standstill agreement with its creditors. But there are many articles written about this topic that I hesitated to add a new one. But now, thanks to a recent Reuters report, it is interesting to look at the issue from the perspective of [...] |
||||
|
Copyright © 2012 A BIG MESSAGE for an upside down world - All Rights Reserved |
|||||
Recent Comments