IslamicFinance.de

Asian Finance is conducting a due diligence and aims for the acquisition by Qatar Islamic to be completed by April next year.
Qatar Islamic, the Persian Gulf country’s biggest lender that complies with the religion’s ban on interest, is seeking to expand its services to take advantage of growth in the $1 trillion industry. Asian Finance also held meetings with Australian government officials to advise them on Islamic products, as the nation plans to change laws to attract investors from the Middle East and Asia.
Indonesia, the world’s most populous Muslim country, is studying ways to make tax laws more conducive to developing Islamic finance.