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Ireland aims to become hub for Islamic finance

Posted on 13 September 2012

Enda KennyIreland is bidding to become a global Islamic finance hub as its funds industry surpasses the €1 trillion (Dh4.73tn) mark for the first time. Enda Kenny, the Irish leader, told fund managers in Dublin yesterday the country was aiming to capture a bigger slice of the booming Sharia-compliant sector.
“The Irish funds industry recently attracted its first fund promoted from Malaysia, which further strengthens our position as the leading regulated centre for Islamic finance outside the Middle East and we intend to build on that progress and that platform,” said Kenny………………………………………..Full Article: Source

 
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