IslamicFinance.de

Australia announced its new annual budget this week, revealing rising prices. For Islamic finance it is important that Australia submits the final report that goes to the Board of Taxation. The Board will afterwards submit the report to the Treasurer. The aims is to help create 'a level playing field' for Islamic finance from a tax perspective.
Dr Ishaq Bhatti, director, Masters of Islamic Banking and Finance, La Trobe University, stated that the tax changes won't benefit the retail market. John Masters, director of ING Bank, as well as being one of the original architects of the government's approach to Islamic finance, agrees.

Universities are expanding Islamic finance courses as demand for professionals qualified in Shariah law outstrips supply in the $1 trillion industry.
After enrollment for its general program in finance complying with Muslim tenets tripled in the past year, the International Islamic University of Malaysia plans to start postgraduate courses specializing in Shariah-compliant capital markets, banking and insurance. La Trobe University in Melbourne, which started classes this year, is working with officials in Malaysia to offer industry-recognized qualifications.

Universities are expanding Islamic finance courses as demand for professionals qualified in Shariah law outstrips supply in the $1 trillion industry.
After enrollment for its general program in finance complying with Muslim tenets tripled in the past year, the International Islamic University of Malaysia plans to start postgraduate courses specializing in Shariah-compliant capital markets, banking and insurance. La Trobe University in Melbourne, which started classes this year, is working with officials in Malaysia to offer industry-recognized qualifications.