As previously announced in September 2010, the Singapore Exchange (SGX) introduced on 22 October 2010 trading of American Depositary Receipts (ADRs) issued by Asian companies in the Asian time zone. read
Sabana Shari’ah Compliant Industrial REIT (Sabana) started trading on 26 November 2010 in Singapore after raising S$533.4 million (US$404 million) in an IPO. Sabana is the only Shari’ah-compliant REIT listed in Singapore and also the largest listed Shari’ah-compliant REIT by total assets globally. Shari’ah-compliant investments can be sold to both conventional investors and those that observe the principles of Islamic finance. read
