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A new Silk Road paved by Islamic finance

Posted on 20 July 2010

From Chinadaily.com.cn: The Silk Road was ancient China’s important channel for cultural, commercial and technological exchanges with the outside world. Analogously, the cocktail of renminbi development, the new regulatory regime in the post-financial-tsunami period, financial risk management and financial innovation, as well as much-talked-about Islamic finance in Hong Kong may yield a renaissance, a new Silk Road, in finance.
Promotion of Islamic finance in Hong Kong is part of the government policy as expressed in the 2007 Policy Address. The expansion of the renminbi bond market in Hong Kong provides huge investment opportunities for Islamic investors……………………………………….Full Article: Source

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