Bahrain's Al Salam Bank launches Asian Islamic REIT
 

04-03-14 08:21 AM

Bahrain's Al Salam Bank has launched a listed sharia-compliant real estate investment trust (REIT) that will invest in a portfolio of Asian properties, the lender said on Tuesday. The REIT will invest in between 15 and 35 properties and be managed by Swiss-based B&I Capital AG, with Al Salam providing seed capital for the fund. Al Salam said the REIT would offer a more liquid tool to invest in ...

Source...