SINGAPORE - Singapore officials rue low understanding of Islamic finance among investors

It has almost become a ritual that there has to be some sort of announcement either by the government, regulator or a financial institution at international conferences on Islamic finance. 

Singapore is no exception. Not surprisingly, Lim Hng Kiang, Minister for Trade and Industry, who is also the Deputy Chairman, Monetary Authority of Singapore (MAS) (the financial regulator), announced a few days ago at one such conference in the island state that Singapore will in due course issue new income tax regulations for Islamic finance to provide greater tax clarity and certainty to the industry. (source)

EVENTS - WIBC - Islamic finance dev't linked to broader economic agenda

BRUNEI'S Islamic finance strategy is linked to a broader economic agenda of "participating in enhanced intra-OIC (Organisation of the Islamic Conference) trade flows", said the Managing Director of Autoriti Monetari Brunei Darussalam (AMBD) at a conference on Islamic banking in Singapore yesterday.

Giving a speech at the 2nd Annual World Islamic Banking Conference (Asia Summit) held at the Pan Pacific Hotel, Hj Mohd Rosli Hj Sabtu said, one major area being actively pursued by the Sultanate is in the manufacturing of halal products, "including food and pharmaceutical". (source)

SPEECH - SINGAPORE - Opening Address by Mr Lim Hng Kiang, Minister for Trade and Industry and Deputy Chairman, Monetary Authority of Singapore at the 2nd World Islamic Banking Conference: Asia Summit 2011

 Opening Address by Mr Lim Hng Kiang, Minister for Trade and Industry and Deputy Chairman, Monetary Authority of Singapore at the 2nd World Islamic Banking Conference: Asia Summit 2011 -8 June 2011 at Pan Pacific Hotel Singapore

“Towards a New Era of Growing Connectivity between Asia and the Middle East”

Your Excellencies, distinguished guests, ladies and gentlemen,

Introduction

1   I am honoured to be invited to deliver the opening address at the 2nd World Islamic Banking Conference: Asia Summit (WIBC Asia).  I would like to extend a warm welcome to our overseas guests, especially our distinguished speakers who will be sharing their insights during this conference. (Source - or read hereunder)