Tuesday, January 11, 2011

Sabana REIT - Sabana Shari'ah Compliant Reit rated 'buy' by UOB Kay Hian

Stock Name: Sabana REIT
Company Name: SABANA SHARI'AH COMPLIANT REIT
Research House: UOB KayHian

UOB Kay Hian in a Jan 10 research report says "Sabana REIT is the first fully Shari'ah-certified REIT in Singapore and we believe it is the world's largest Shari'ah-certified REIT. The REIT is also compliant with Middle Eastern standards for Shari'ah instruments and will be able to access the estimated US$1trillion Islamic financial market.


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