Read an article that a Dubai Company is going to build a chain of hotels that are sharia complaint
2006-10-21 05:31:04 · 7 answers · asked by pronri 1 in Social Science ➔ Sociology
yes you heard it right!
te full info is right here :)
The branded four-star lodging market in the UAE remains under-serviced, according to KM Properties, with the mid-range business traveller market needing immediate focus.
KM Properties, which is a division of the UAE-based Al Rostamani Enterprise, recently announced the launch of a US$2.3billion, sharia-compliant, real estate development fund to develop a new-concept hotel chain.
The hotel chain, which will also be sharia-compliant, is in the advanced stages of business development, and will include a four-star brand tier, alongside a premium tier and a five-star offering.
According to consumer research by KM Properties, there had been a misconception that Arabian visitors demanded a luxury product, which was reflected in the largely five-star hotel offering in the region.
For the future, analysts agree the growth should be in branded three and four-star properties, offering quality guarantees that come from an international hotel flag, yet at market-correct prices.
Currently, Dubai, the city with the largest number of quality hotel rooms in the GCC, has 6,185 four-star rooms compared to almost 9,000 five-star rooms. However, less than half of the four-star stock carries a regional or international brand name.
The emirate is on schedule to open another 30,000 hotel rooms from 2008-2010, with five-star hotels making up the bulk of the portfolio, particularly on The Palm Jumeirah.
Dubai’s Department of Tourism & Commerce Marketing (DTCM) still predict that more than 60% of Dubai’s total room stock will still be in the premium classification.
According to the World Tourism Organisation’s 2020 predictions, the target figure of 69 million visitors to the Middle East will come through the continued expansion of low-cost airlines, value hotels, late bookings, high price sensitivity, and Internet-driven holiday packages.
KM Properties confirmed that the new hotel chain, expected to comprise 30 properties over an eight-year development period, is planning to introduce 50% of its total room stock in the four-star category, with five star and deluxe at a 30:20 ratio, respectively.
The three product groups will each carry a stand-alone brand name and be distinct in product proposition including significant elements that have not been addressed or targeted by existing hotel flags.
The first hotel and serviced apartment project will open in Dubai in 2008, following an 18-month, $290m investment. Its 700 rooms and suites will be built to a top-end, four-star specification.
The fund has been established to develop and own hotels that will abide by the Islamic principles of sharia. It will also spread investment across various complementary commercial real estate assets worldwide.
A Hospitality Operator Company, also established by KM Properties as part of this sharia-complaint initiative, will operate independent properties on behalf on owners throughout the Middle East and Asia. Saudi Arabia, Morocco, Turkey, Malaysia, and India are all earmarked as prime entry markets during the first 12 months.
To kick-start this portfolio, KM Properties has already signed three management agreements in addition to the own-brand Dubai property, with another seven in advanced stages of negotiation.
Phase one of the hospitality and real estate development fund is closed to subscribers, but it is anticipated that international corporations will enter the fund in its upcoming stages, with great interest already shown for phase two.
The new group brand name is expected to be announced in the coming weeks.
2006-10-21 05:34:29 · answer #1 · answered by ☺♥? 6 · 0⤊ 3⤋
What it would mean is this:
women would have seperate entertainment areas etc, no liquor or pork, meat would be halal (the way the animal is slaughtered), during Rhamadhan (month of fasting) there would be no food served during daytime hours, no music, movies or television unless it was pg rating, music would need to be nasheeds meaning no stringed instruments, usually just voices and a drum called a duff, no interest would be gained off the profits, certain portion of profits would go to charities, the hotels would be built paying with cash, so they didnt pay interest on the buildings, only married couples would be allowed to share a room, they would probably have women only and men only floors for people travelling alone, there would be prayer mats and probably a mosque on site, the gym would be women only and men only, probably no pool, the women who worked there would wear a head covering, during prayer times services would not be available (I am guessing on that one, they might stagger brakes), and if they were quite strict the rooms would be designed so that when you slept your feet would point towards mecca
2006-10-21 19:27:57 · answer #2 · answered by muggin_girl 3 · 0⤊ 1⤋
when a facility is Sharia compliant, it means that it will be adhering to the rules and regs of the Islamic doctrine with regard to issues such as the penalty for theft, dietary laws, the role of women, dress codes, illegal sexual relations: adultery, fornication and homosexuality.. there are more laws but these are the ones likely to be affected ... there would be no alcohol or pork products served (Halal means allowed - adhering Muslims only eat Halal food) or available because these are against the Muslim doctrines... can't tell to what extreme this will be taken... might even be no music/dancing or TV
2006-10-21 06:16:50 · answer #3 · answered by dornalune 2 · 0⤊ 1⤋
http://en.wikipedia.org/wiki/Sharia
See especially 'dietary law.' I'd imagine the financing would also be Sharia-compliant (Google "sharia compliant bank" -- short version: interest-free).
2006-10-21 06:15:46 · answer #4 · answered by Anonymous · 0⤊ 1⤋
I think the Imam should be charged with treason or something like that, because he is an American citizen and he is going against the constitution and the fundamental laws of the USA. Or he should be shot and his body deported to where ever the f*ck he came from.
2016-05-22 07:46:05 · answer #5 · answered by Anonymous · 0⤊ 0⤋
theres still no answer here, whats a sharia? still havent found that one out
2006-10-21 06:06:54 · answer #6 · answered by pumpmar 2 · 1⤊ 1⤋
Can someone condense that long winded answer in one sentence please? A straight yes, no answer with a place's name will suffice?
2006-10-21 05:47:47 · answer #7 · answered by Nightrider 7 · 1⤊ 1⤋