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Middle East Desk Islamic and Finance

Seeking advice to target investors in Asian and Middle East markets and that too at Singapore? You will not have to look far. Property-elite.com is the first property advisor of its kind to be found at Singapore that caters to the needs of the Asian and Middle East investors. We at property-elite.com have excellent solutions to maximize our client’s returns on real estate.

Formulating plans that will appeal to our Muslim investors is what we target to do through our Middle East desk and Islamic finance services. Sticking to syariah principles is what we have to strongly follow, when planning financial investments for our Muslim clients.

Islamic banking and banking institutions, offering Islamic banking products and services, need to establish shaiah advisory committees. This ensures that banking operations and activities comply with shariah principles.

When it comes to Islamic banking, it is necessary to abide by the system of banking that complies with Islamic law (sharia) principles and is equally guided by Islamic economics. According to Islamic law, usury that is collection and payment of interest on loans is prohibited. This discourse is also commonly called riba in Islam.

Apart from this Islamic law prohibits investment in businesses as it is considered to be unlawful or haraam. A large number of Islamic banks were created during the 20th century, to cater to particular banking market.

Although Islamic banking follows the conventional form of banking but it is in accordance with the rules of shariah, known as “fiqh al-muamalat”, that refers to Islamic rules on transactions. Sharing of profit and loss is the basic principle of Islamic banking. Some of the common Islamic concepts used in Islamic banking are safekeeping (wadiah), profit sharing (mudharabah), joint venture (musharakah), cost plus (murabahah) and leasing (ljarah).

The basic requirement for establishing sound financial institutions and markets is in creating an appropriate legal, tax and institutional framework. Islam has its own framework for implementing commercial and financial contracts and transactions.

At property-elite.com we are developing real estate projects, mainly for the new Islamic structures and instruments. It is supported by Islamic asset backed securities.

Our team at property-elite.com offers service to foreign investors and corporate that covers a large area. We provide advice and assistance to our clients in acquiring new properties. Managing the existing properties and portfolios for our clients is quite a challenge for us. We also identify appropriate lenders for our clients for innovative finance structuring and disposal. When it comes to providing consulting services our clients always rely on property-elite.com completely.

With increase in demand among developers and investors, our services at property-elite.com will grow.

Billy Chen
billy@billychen71.com
Tel: (+65) 88689999
Fax: (+65) 64021826

CEA Registration Number : R029372I

 

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