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Islamic Finance

Inside this issue
• Sharia-based funding for London projects breaks new ground
• Singapore’s first sharia-compliant Reit stimulates the sector
• Changes in US tax law being considered - -
Content
Good omens amid turbulence
The niche nature of the sector could be seen as a weakness but increasing populations and oil wealth offer the potential for substantial growth. David Oakley reports
The US: Moves are under way to lower barriers
Changes in tax law are being considered, says Aline van Duyn
Asia-Pacific: Singapore launch raises profile in the region
Malaysia retains its leading role for now, says Kevin Brown
Middle East: Market remains buoyant despite unrest
There is a divide between the Gulf and other Arab states, writes Sarah Mishkin
Construction: Investors transform UK horizon
Sharia-based funding for landmark projects in the UK capital has broken new ground, writes Ed Hammond
Hedge funds: Scholars remain wary of speculative instruments
Attempts to make some strategies acceptable have made little headway, says David Oakley
Sukuk: Market shows resilience
The Islamic bond market appears to have shaken off a series of financial setbacks, writes David Oakley

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