| The British government launched a campaign to promote London as a centre for Islamic finance, seeking to counter growing competition in that industry from rising centres such as Dubai and Kuala Lumpur. A task force including Britain's Financial Secretary to the Treasury Greg Clark, ministers of state and private sector executives will advertise London around the world, the British Foreign Office said on Monday.
The group will try to attract foreign investment to Britain by facilitating Islamic financial business, including investment in British infrastructure by Islamic sovereign wealth funds, the Foreign Office said in a statement...............................................Full Article: Source
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