Showing posts with label iig. Show all posts
Showing posts with label iig. Show all posts

Tuesday, June 07, 2011

SINGAPORE - Bankers, regulators meet to revive Islamic finance

TOP Islamic banking officials will meet in Singapore this week to discuss ways to revive an industry which has stalled as interest in new markets cool and legal uncertainties cloud the role of sukuk as funding tools.!

Once touted as a viable alternative to traditional banking, Islamic finance has failed to make a mark outside its core markets as countries from Britain to Hong Kong and Australia put on hold sukuk issuance plans and proposed regulatory changes to accommodate Syariah banking.! (source)