Showing posts with label inquirer. Show all posts
Showing posts with label inquirer. Show all posts

Saturday, March 10, 2012

PHILIPPINES - BANKING - Gov’t urged to consider Islamic finance

business.inquirer.net  - Financial institutions based in the United Kingdom on Thursay called on the Philippine government to enact laws and rules that would allow Islamic finance (IF), explaining that the country stands to gain from over $1 trillion in global funds on tap.

According to British Ambassador Stephen Lillie, Islamic finance is very much relevant to the Philippines and that there “is potentially a big opportunity.” (source)