IDEAS home Printed from https://ideas.repec.org/a/taf/rjelxx/v17y2009i2p231-248.html
   My bibliography  Save this article

International Articles: Shariah Property Investment in Asia

Author

Listed:
  • Muhammad Faishal Ibrahim
  • Ong Seow Eng
  • Ali Parsa

Abstract

Islamic banking and finance is growing at a rapid pace because of its value-oriented ethos. Through interviews with Shariah-compliant property investment players in Singapore, Bahrain, and Dubai, this research is a sequel to Parsa and McIntosh (2005), which looks at the trends and the development of an international strategy for Shariah-compliant property investment. The findings reveal that more than 95% of the respondents felt that "compliance with Shariah law is a fundamental requirement in terms of "halal" type of investment and investment structure." More than 75% of the respondents preferred to use the ijara/ijara-wa-iqtina and sukuk method of financing Shariah-compliant property investment. Seventy-eight percent of the respondents felt that Southeast Asia has the highest potential in Asia in attracting Shariah-compliant property investment. Together with the findings of Parsa and McIntosh (2005), this study extends the insights to the world of Shariah property investment.

Suggested Citation

  • Muhammad Faishal Ibrahim & Ong Seow Eng & Ali Parsa, 2009. "International Articles: Shariah Property Investment in Asia," Journal of Real Estate Literature, Taylor & Francis Journals, vol. 17(2), pages 231-248, January.
    • Handle: RePEc:taf:rjelxx:v:17:y:2009:i:2:p:231-248
    DOI: 10.1080/10835547.2009.12090255
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/10835547.2009.12090255
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/10835547.2009.12090255?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rjelxx:v:17:y:2009:i:2:p:231-248. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rjel20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.