Islamic Finance is estimated to be worth some US$400 billion. Buoyed by persistent high oil prices, it is growing at a fast pace and has a total potential size of more than US$1 trillion. This huge liquidity has underpinned a growing real estate market, especially in the Gulf Co-operation Council (GCC) region. At the same time, investors from amongst them are increasingly diversifying into Asia real estate investments. It is against such a backdrop that CapitaLand has set up a business unit called CapitaLand Amanah Pte Ltd to grow its Shariah-compliant real estate financial business in Asia and also in the GCC region. Wholly-owned by CapitaLand Financial Limited, CapitaLand Amanah will originate, structure and manage real estate products and funds to meet the demands of institutional investors and high net-worth individuals who are looking for Asia- or GCC-based real estate investment opportunities that are Shariah-compliant.