Middle East Economic Survey

VOL. XLVIII

No 14

4-April-2005

MEES Agenda

Islamic Banks Set To Take More Prominent Role In Energy Project Finance

The use of Islamic funding in energy project finance has been growing over the last couple of years and with the sheer volume of Gulf projects seeking money this year, it is likely to be tapped even more. But the increased uptake is not simply a volume issue because the role played by Islamic banks also looks set to take on new prominence,...