SINGAPORE - Islamic finance has strong growth potential in S'pore

SINGAPORE : With a supportive regulatory and tax framework, it is only a matter of time before Singapore becomes a major player in Islamic finance, according to experts.

Industry watchers said Singapore also stands to gain from its proximity to large Muslim populations in its neighbourhood.

They said sukuk, or Islamic bonds, and Syariah-compliant real estate investment trusts are two products that have strong growth potential in Singapore. (full story)