Hedge Funds & Alternative Investments
Property & Real Estate
Uncategorized
Adib aims to gives shares access to international investors
The bank’s chief executive, Tirad Al Mahmoud, said the lender recently started talks with Abu Dhabi officials to tweak property laws so that international investors can buy shares in banks that own property in the emirate. Unlike conventional banks, Islamic banks heed a proscription against interest by buying the assets…
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