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Bermuda: Cabinet supports Islamic finance report

Posted on 25 April 2011

Business Development Minister Patrice K. Minors said Cabinet supported a 2010 report commissioned by the Finance Ministry regarding opportunities for Bermuda in the Islamic finance securities and investment funds sector as well as the re/insurance [takaful and retakaful] sector.
Minister Minors [pictured] stated the purpose of proposed reforms is to continue to ensure Bermuda-registered entities operate within a legal and regulatory framework that promotes growth and investment ………………………………………Full Article: Source

 
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