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Kenny clears way to attract Islamic finance

Posted on 06 June 2011

The Government is to clear the way for Ireland to become a centre for Islamic Finance (IF), the Taoiseach said yesterday. Enda Kenny told the Irish Funds Industry Association annual conference that the Government is reforming the tax code to allow IF to flourish.
“Ireland has recognised its importance in the global financial system through adapting our tax system and financial regulatory system to ensure a level playing field between Islamic Finance and conventional measures……………………………………….Full Article: Source

 
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