There does not look like there’s much hope for Islamic finance breaking through in South Korea anytime soon, according to Min Kyung Kim senior manager of the Korean Deposit Insurance Corporation.
Kim, who is writing a book on Islamic finance in Korea with Azerbaijani Islamic finance specialist Mahir Humbatov, spoke to The Islamic Globe and claimed that there was little hope of legislation to equalize the tax treatment of Islamic finance - introduced last September and reintroduced this February - passing through parliament at this time of asking………………………………………..Full Article: Source