Franco-American Alliance for Islamic Finance (FAAIF

New Islamic Finance Tax Rules for South Korea

CEO of the Franco-American Alliance for Islamic Finance (FAAIF), Camille Paldi, explained that, while South Korea moved forward to entering the global Islamic finance market but its tax code still has to be amended to facilitate sukuk issuance. South Korea is one of the major exporters to Islamic nations and wants to become the hub of Islamic finance in East Asia.

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