Category Archives: Business
Islamic finance markets around the world adopt very different approaches to operating within the diktats of Shariah law which, some experts believe, allows the market to flourish and grow, although not all agree.
The UAE races to finish a pipeline to bypass the Strait of Hormuz that Iran has threatened to close in its confrontation with the West, while the Gulf monarchies scramble to open new land routes for oil exports. By Ed Blanche.
TOKI issue tenders for the disposal of government-owned land for mass housing projects. Private developers are then invited to submit plans indicating how many dwellings they propose to provide and what proportion of these they are willing to give back to TOKI for the government to rent or sell to those in need of private housing. TOKI has delivered more than 500,000 housing units in over 2,000 projects over Turkey in the past 25 years.