Mon, Aug 8, 2022
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Compliance, Tax, Legal, Regulatory, Emerging Trends more

Qatar has the most Islamic finance friendly tax systems

Posted on 21 February 2013

The Qatar Financial Centre (QFC) has the most Islamic finance friendly tax systems out of eight countries in the MENA region, reviewed in a study conducted by three leading experts, Mohammed Amin, Salah Gueydi and Hafiz Choudhury, and sponsored by Qatar Financial Centre Authority in partnership with the International Tax and Investment Center, based in Washington DC.
The study, Cross Border Taxation of Islamic Finance in the MENA region - Phase One, shows that while simpler Islamic finance transactions can be carried out in some countries without prohibitive tax costs, of the countries reviewed only Turkey and the QFC have a tax system that enables sukuk transactions to be carried out without excessive tax costs………………………………….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
August 2022
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
293031