| From Arabnews.com: Australia is the latest country that is currently reviewing its tax laws relating to financial transactions to ensure neutrality for the treatment of Shariah-compliant equivalent products especially bonds (sukuk) and home financing.
Earlier this month, Australia played host to a high-level Malaysian Islamic finance delegation led by assistant governor of Bank Negara Malaysia (BNM), the central bank, Muhammad Ibrahim, and comprising not only representatives of the Malaysian regulatory authorities, but also senior members of the Islamic fund management industry, Islamic banks, legal and professional services firms, and academic institutions..........................................Full Article: Source
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