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Islamic Finance Briefing - Categorized | Funds, Market Moves more

Crisis will drive more Mid-East funds to Singapore

Posted on 07 May 2009

From Themalaysianinsider.com: Singapore and the region will attract more funds from the Middle East as the global financial crisis has underscored the importance of diversification, says Monetary Authority of Singapore (MAS) managing director Heng Swee Kiat.

Heng said the ability of Islamic banks to mobilise savings and deploy them productively will make Islamic finance more relevant…….Full Article: Source

 
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