04.03.2009 - Hong Kong to level playing field for Islamic finance
From Cpifinancial.net: The Hong Kong Special Administrative Region Government is finalizing new tax laws which would facilitate the introduction of Islamic finance. Professor KC Chan, the Secretary for the Financial Services and the Treasury Bureau, Hong Kong Government, confirmed the plans in his keynote speech at the inaugural Asia Sukuk Summit held on the 18-19 February. He said, “These measures seek to address disadvantageous treatments on the issuance and transactions of Sukuk vis-à-vis conventional bonds..... Full Article: Source