Thursday, February 26, 2009

Gatehouse Bank eyes debut Sharia property deal


Reuters:UK Islamic bank Gatehouse is set to close its first real estate deal in the coming months, refinancing a continental European property worth about 100 million euros ($128.5 million).
With conventional lenders rationing credit, Islamic finance institutions such as Gatehouse are increasingly competing with them to finance non-Islamic companies and projects...Continue Reading

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