Sat, Nov 1, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Compliance, Tax, Legal, Regulatory, Finance more

Malaysia calls for uniform Islamic finance tax framework

Posted on 19 October 2011

In her keynote address to the recent IFN 2011 Issuers & Investors Asia Forum in Kuala Lumpur, Nik Ramlah Mahmood, the Managing Director of the Securities Commission Malaysia (SCM), said that, for the Islamic capital market to make further progress, more jurisdictions would need to put uniform tax frameworks into place.
She disclosed that, as at end-2010, the size of Malaysia‚Äôs Islamic capital market stood at MYR1.05 trillion (USD336bn), or 52% of the size of the overall Malaysian capital market, as compared to only MYR294bn as at end-2000……………………………………….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930