Islamic Finance
Regulation, Risk & Compliance
Uncategorized
Qatar has edge in European hotel acquisitions
Qatar’s cash reserves, coupled with its relatively relaxed interpretation of Islamic law, known as Sharia, is combining to make it the hottest source of investment funds for acquisitions of European hotels. Sharia law prohibits charging interest, meaning that investors based in Saudi Arabia or Kuwait, where Sharia is strictly enforced,…
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Click here to read the full story: Travel Weekly