Latest from GIFC

Monday, 4 February 2008

Aldar Properties to raise funding for planned development from the islamic financing market



Feb. 4 - Leading property developer in Abu Dhabi plans construction work for 7-10 billion USD.

Chief Financial Officer for Aldar Properties, Shafqat Ali Malik says Aldar, the leading Abu Dhabi property developer, plans work worth 7-10 billion USD in the next few years.

Aldar Properties expects to continue raising substantial amounts of the funding for planned development from the islamic financing market. Malik believes the market can be expanded and liquidity improved if borrowers follow Aldar's example in educating investors and offering products as similar as possible to traditional eurobond offerings.

Alastair Macdonald Interviews

visit GLOBALPRO

No comments:

Upcoming Events on Islamic Finance, Wealth Management, Business, Management, Motivational Alfalah Consulting, KL-Malaysia: www.alfalahconsulting.com

ISLAMIC FINANCE EVENTS KUALA LUMPUR MALAYSIA

ISLAMIC FINANCE EVENTS KUALA LUMPUR MALAYSIA
Register Online . Register Today

Islamic Financial Planning & Wealth Management by Ahmad Sanusi Husain