AlHuda Centre of Islamic Banking and Economics organized a Two Days Specialized Workshop on Islamic Housing Finance and REITs on 17th & 18th November, 08 at Karachi. In that many Islamic Financial products for Housing Finance and Real Estate investment sector were introduced. The same has played a very pivotal role in U.A.E., Bahrain, Malaysia and many other Islamic countries. In that very prominent Islamic Research scholars delivered their research lectures. Among the participants the main figures were Mr. Mahmood Shafqat Senior Joint Director SBP, Mr. Muhammad Shoaib MD HMB, Mr. Imtiaz Haider Group Head Corporate Finance AKD Capital, Mr. Hamad Rasool Director WAPDA Sukuk and Mr. Mujeeb Baig Head of Research Dawood Islamic Bank.
While delivering the details of work shop Mr. Zubair Mughal CEO of Al-Huda Centre of Islamic Banking and Economics said this work shop will strengthen Housing Finance in the country and financial institutions will find new products. This will be helpful for the Government to improve housing sector. In the workshop the rules of Diminishing Musharka, Ijarah, Istasna, Micro Islamic Housing Finance, and Islamic (REITs) discussed.
He further narrates that in Middle east, Malaysia, Bahrain and Kingdom of Saudi Arabia are using Sukuk and Islamic (REITs) and it’s a success story in these countries. Pakistan can also achieve its goals and made a lot of progress in the housing sector. Islamic Housing Finance products will end the exploitation of the big guns of the housing sector, low and middle income groups of the society will benefit from these products.
AlHuda Centre of Islamic Banking and Economics organized a Two Days Specialized Workshop on Islamic Housing Finance and REITs on 17th & 18th November, 08 at Karachi. In that many Islamic Financial products for Housing Finance and Real Estate investment sector were introduced. The same has played a very pivotal role in U.A.E., Bahrain, Malaysia and many other Islamic countries. In that very prominent Islamic Research scholars delivered their research lectures. Among the participants the main figures were Mr. Mahmood Shafqat Senior Joint Director SBP, Mr. Muhammad Shoaib MD HMB, Mr. Imtiaz Haider Group Head Corporate Finance AKD Capital, Mr. Hamad Rasool Director WAPDA Sukuk and Mr. Mujeeb Baig Head of Research Dawood Islamic Bank.
While delivering the details of work shop Mr. Zubair Mughal CEO of Al-Huda Centre of Islamic Banking and Economics said this work shop will strengthen Housing Finance in the country and financial institutions will find new products. This will be helpful for the Government to improve housing sector. In the workshop the rules of Diminishing Musharka, Ijarah, Istasna, Micro Islamic Housing Finance, and Islamic (REITs) discussed.
He further narrates that in Middle east, Malaysia, Bahrain and Kingdom of Saudi Arabia are using Sukuk and Islamic (REITs) and it’s a success story in these countries. Pakistan can also achieve its goals and made a lot of progress in the housing sector. Islamic Housing Finance products will end the exploitation of the big guns of the housing sector, low and middle income groups of the society will benefit from these products. |
