02.06.2011 - Ningxia can be springboard for Islamic finance industry
Hong Kong's financial sector can tap opportunities in Islamic finance by working closer with their counterparts in Ningxia, the northwest autonomous region on the mainland which has deep links with the Arab world. "Hong Kong has been actively developing Islamic finance. Ningxia, with one-third of its population being Muslims and wider connection to the Arab world, presents room for cooperation with Hong Kong in this regard," said Financial Secretary John Tsang Chun-wah. He was attending the Ningxia Economy, Culture and Tourism Week, which kicked off in Hong Kong on Tuesday..............................................Full Article: Source
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