As I've detailed before, I believe EIIB offers investors a compelling triple play on frontier markets, Islamic finance, and Middle
Eastern oil wealth & resources.
Not exact matches
Russia is doing quite well from its
oil and natural resources (except for the recent
oil price crash) and has no interest in using the
wealth to annex and prop up former soviet states in
eastern Europe (although they do want their port in Crimea).
Ever - increasing Middle
Eastern oil profits require Islamic finance institutions to deposit, allocate, protect and re-invest this
wealth.
Or perhaps Middle
Eastern / Islamic (
oil)
wealth management (via European Islamic Investment Bank).
Instead, the slowdown of Middle
Eastern capital into the U.S. may be a function of regional investors having less capital to invest with because of the drop in
oil wealth, coupled with fewer opportunities to find good rates of return, Costello notes.