Tuesday, October 02, 2007

ING in Malaysia, IIFF on regulatory issues in conventional systems, Shari'ah constraints in the U.S.

ING Investment Management, an investment manager affiliated with ING Group, plans on making Malaysia the center of its Shari'ah-compliant fund business.

The International Islamic Finance Forum (IIFF) Europe will explore how Islamic finance works from a regulatory perspective in a conventional financial system. Conference manager Swati Taneja is quoted in the article with a valuable insight: "The degree of success to which Islamic banking continues to emerge in conventional systems will hinge on whether Islamic banking is perceived as a transparent and well-regulated activity".

Shari'ah-compliance restrictions hold up the availability of Islamic products in the United States, describes Deborah Nason in Investment News.

1 comment:

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