CPA Australia – Accommodating Islamic finance critical to Australia’s economic future


Australian tax laws should be amended to attract Islamic finance and other forms of alternative finance to benefit the economy, says CPA Australia. In a submission to the Board of Taxation, CPA Australia says Islamic Finance will ultimately boost the Australian economy and help establish Australia as a financial services hub in the Asia-Pacific region. … Continue reading CPA Australia – Accommodating Islamic finance critical to Australia’s economic future

Banking on the ummah – Malaysia leads the charge in Islamic finance


OF MALAYSIA’S claims to fame, leadership in financial services is not an obvious one. Yet in some ways the country is the world’s most important Islamic-finance centre. Just over a fifth of the country’s banking system, by assets, is sharia-compliant; the average for Muslim countries is more like 12%, and often a lot less. Malaysia … Continue reading Banking on the ummah – Malaysia leads the charge in Islamic finance

Islamic finance on MBAs


Top business schools in the West are incorporating elements of Islamic finance onto their MBA programs in order to educate their students about global economies. Encouraged by the recent economic downturn, business schools and their students are considering the option of specializing in Islamic finance in order to diversify their skills, thus appealing to a … Continue reading Islamic finance on MBAs