Bermuda Launches Islamic Finance Services
1/21/2012 12:20:55 PM
CAIRO: Luring Islamic funds into the British island, Bermuda has introduced a set of new laws to launch shari`ah-compliant platform amid efforts to become the first western center for the growing global industry, The Royal Gazette reported on Thursday, January 19.
“We are looking at the Shari’ah side of Bermuda’s legislation to become the first Western centre for Islamic finance,” said Peter Hughes, director of Apex Fund Services group.
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