Islamic real estate investment trusts

"This book represents the culmination of over 18 months of research and analysis conducted on the Islamic finance industry in general and Islamic Real Estate Investment Trusts specifically. The fact that Islamic REITs are increasing in popularity within the GCC region is very promising; however, it also magnifies the importance of setting up these structures and managing them in the correct way both financially and ethically in order to ensure that investor confidence in these products increases over time. As REIT structures provide investors with the ability to obtain real estate exposure at very low investment amounts, such structures effectively allow a much larger segment of our society to participate in what may be considered one of the largest asset classes in the GCC region. Initial research conducted indicates that investment products generally tend to fail due to a variety of reasons and one of these reasons is usually where the management activities of these investment products are not well- documented and thought through prior to the marketing of these products. As a result, this book expands on a subset of the investment methodology pertaining to real estate funds by devising a logical and efficient property selection methodology that may be used by Islamic REIT managers in managing such products."--Page 4 of cover.