Australia likes to congratulate itself on “discovering” economic trends that it is actually late to get into. Asia is one area like this. We’re 12 years into the 21st century, but Canberra is spending millions assembling a white paper on “Australia in the Asian century”.
Another trend is towards Islamic finance. Some people raise their eyebrows. Why do pious Muslims need to work with capital differently from the rest of us? Wrong question. The right one is, how can we get more pious Muslims to deposit more of their money with us? Fortunately, Australia, which has almost half a million Muslims, according to the 2011 census, is starting to answer that question………………………………………..Full Article: Source