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UK: Islamic finance boost

Posted on 10 December 2009

From Ifaonline.co.uk: The Government has committed to create a level playing field on VAT for retail investors in Islamic finance products.
In his Pre-Budget Report statement today, the Chancellor, Alistair Darling, says he will also provide relief from tax on capital gains for alternative property refinance transactions to maintain the UK’s position as a centre for Islamic finance…………………………….Full Article: Source

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