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Islamic Finance Briefing - Categorized | Emerging Trends, Finance more

Illiquid currencies dim Asia’s sharia finance appeal

Posted on 12 May 2010

From Asiaone.com: Asia’s relatively illiquid currencies restrict the region’s Islamic finance growth potential as foreign investors have limited appetite for holding local currency assets, PricewaterhouseCoopers said on Tuesday.
Malaysia is regarded as a key Islamic finance centre and has the world’s largest sukuk market, while Indonesia is seen as offering vast untapped opportunities in the sector……………………………………….Full Article: Source

 
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