As the economies of the oil producing countries of the Middle East and North Africa (Mena) region have boomed over recent years most areas of finance have witnessed spectacular growth rates. Islamic private equity, however, has not been a particularly large beneficiary of this growth. The reasons for this are hard to fathom.
Paul McNamara, Yasaar Media
There is a close relationship between Islamic tenets of investing and private equity.
By its nature private equity is participatory and inevitably it must lead to the sharing of both risks and rewards.
Read full story here