Law.com Subscribers SAVE 30%

Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.

Commercial Leasing Law & StrategyKickerFeaturesTopicsCommercial LawSectionsNewsLJN Newsletters

In the Spotlight: Islamic Finance and Its Impact on Leasing Transactions in the U.S.

By David G. Williams
February 24, 2010

The flow of foreign investment money into real estate in the United States has certainly slowed over the last 18 months as commercial real estate markets have tried to adjust to the new reality of the current recession. However, as we all know, when commercial real estate markets in this country recover in the next several years, foreign funds will once again play a significant role in the recovery. For that reason, it is important for every owner of commercial real estate in the United States today to know something about Islamic finance. You may be selling your asset to a sovereign wealth fund or some other real estate investment fund originating in an Islamic country, or you may be forming a joint venture with such a fund as an equity partner to hold title to an asset. In either event, you are likely to come across investment money flowing into commercial real estate in the United States from an institution or entity subject to Islamic law. In the leasing context, there are a number of unique issues dictated by Islamic law (known as Shari'ah) that all owners and landlords of commercial real estate need to understand.

Prohibited Activities

This premium content is locked for LJN Newsletters subscribers only

  • Stay current on the latest information, rulings, regulations, and trends
  • Includes practical, must-have information on copyrights, royalties, AI, and more
  • Tap into expert guidance from top entertainment lawyers and experts

For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473

Read These Next
The DOJ's Corporate Enforcement Policy: One Year Later Image

The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.

The DOJ's New Parameters for Evaluating Corporate Compliance Programs Image

The parameters set forth in the DOJ's memorandum have implications not only for the government's evaluation of compliance programs in the context of criminal charging decisions, but also for how defense counsel structure their conference-room advocacy seeking declinations or lesser sanctions in both criminal and civil investigations.

Use of Deferred Prosecution Agreements In White Collar Investigations Image

This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.

Compliance Officers: Recent Regulatory Guidance and Enforcement Actions and Mitigating the Risk of Personal Liability Image

This article explores legal developments over the past year that may impact compliance officer personal liability.

Bankruptcy Sales: Finding a Diamond In the Rough Image

There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.