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Islamic finance can play role to facilitate trade between Asia and Middle East

Posted on 09 June 2011

Islamic finance can potentially play a part in facilitating more trade between Asia and the Middle East with the involvement of more global and Islamic banks from both regions, says Singapore Minister for Trade and Industry, Lim Hng Kiang.
Lim, who is also Monetary Authority of Singapore deputy chairman, said the high level of savings and wealth accumulation in the Gulf Cooperation Council (GCC) and Asia should be mobilised by the financial sector………………………………………..Full Article: Source

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