IME Reviewing 3 Schemes to Fund Low-Cost Housing Sector

Iran Mercantile Exchange is studying three schemes to help fund the struggling housing sector via the capital market, the IME deputy head for market development said.
Plans include setting up housing funds, launching Real-Estate Investment Trusts (REITs) and offering salaf securities contracts, Alireza Nasser-Pour told state TV.
“Housing funds are not new to the capital market. These existed in the past but were restrained due to stringent regulations,” imereport.ir reported him as saying.
Nasser-Pour said that rules have been revised to both increase the diversity and improve functionality of such funds.