MANABU HARA
Japan moves carefully toward Islamic finance
Fri, 2008-12-12 11:16 — IslamicFinance.deManabu Hara reported on 12 December in Asahi Newspaper that the Japanese Government has taking a step more to introduce Islamic finance. Earlier this month, the Financial Services Agency (FSA) amended financial regulations to let bank subsidiaries handle Islamic finance operations. But still Murabaha transactions are subject to tax issues.
Syndicate
