Saudi- Expert calls on women to invest frozen funds

Azeemeh Zaheer, vice president at the London-based Gatehouse Bank, has called on Saudi businesswomen to invest funds that are kept frozen in banks. According to the expert, with the accumulation of wealth, globalization and openness, women have begun to invest their funds and try to overcome all traditional barriers which limit their (financial) independence. She said women in GCC countries retain more than 300 billion and if 15 percent of that money, or 45 billion, invested in London, it would be a big success for shariah-compliant Gatehouse Bank.