• Islamic Banking Makes HeadwayDoha Bank, a Qatari bank, is working to expand into Japan and provide Japanese financial institutions with a link to the Middle East. The Japanese Bank for International Cooperation (JBIC) is exploring a sukuk issue, which would be the first from a government organization within the Group of Eight countries.
• Malaysia: An Islamic Capital Market Hub
Malaysia looking to develop standards for Islamic financing of construction.
Islamic products may provide a higher return than conventional investments, according to economists in Kuwait.
Pakistan will see its first mortgage-backed sukuk.
Lloyd's TSB made a public commitment to Islamic finance.
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