• Wednesday
  • October 1, 2014
  • Last updated: 11:59pm
Hong Kong




Refine Your Search

Sort by

Related Keywords

Search Results

Results 1 - 10 of 79 for islamic terrorism

Related topics matching your search

Search results

  1. Comment - Insight & Opinion

    Islamic finance finds a rapidly growing niche in the secular world

    Posted Oct 29th 2012, 12:00am by Haslinda Amin

    ... Haslinda Amin Haslinda Amin says this growing sector has much to offer non-Muslim clients as well Islamic finance's ethical base leaves customers less exposed to needless risk ... Because one sector growing significantly is Islamic finance. Islamic finance remains widely misunderstood and, by many, significantly underestimated. The reality is that it is a US$1.3 trillion ...

  2. HK to pave way for Islamic bonds

    Posted Mar 30th 2012, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com The government has finally proposed a long-awaited amendment to tax laws to encourage firms to issue Islamic bonds in Hong Kong. The proposal came after Financial Secretary John Tsang Chun-wah in late 2007 urged turning Hong Kong into an Islamic financial centre to tap the US$1 trillion market for Islamic bonds, or sukuk. Four years on, no company ...

  3. Islamic banking gains footing in Hong Kong

    Posted Aug 27th 2011, 12:00am

    ... Nick Walker By adhering to its principles, Islamic banking and finance has grown in recent decades from a peripheral financial network to a sizeable complementary system within the globalised economy. Today, it is expanding throughout Asia, the Middle East and Europe, far beyond core markets such as Malaysia and Saudi Arabia. The global growth of Islamic banking- which shuns ...

  4. Terror, riots, weather add up to big risks

    Posted Jul 23rd 2012, 12:00am

    ... flooding from summer storms could cause temporary disruption. 'However, issues such as terrorism are potentially much more serious. 'I can spend more sleepless nights worrying about London because the terror risk is undoubtedly there.' He said that given London had been the target of terrorist attacks in the past, many underwriters would probably consider 'London ...

  5. The new challenge to Wall Street?

    Posted Oct 30th 2010, 12:00am by Staff Reporter

    ... Andrew Sheng Since Donald Tsang Yam-kuen announced Hong Kong's ambitions to be an Islamic finance centre, in 2007, there have been great advances in Islamic finance. I was in Kuala Lumpur this week attending the Global Islamic Finance Forum, which was attended by the whole glitterati of the Islamic world. In the 1990s, Islamic finance was a fledgling, fringe industry. Today ...

  6. HK strengths cited in Islamic IPO hub bid

    Posted Feb 19th 2009, 12:00am by Staff Reporter

    ... Maria Chan Hong Kong can take advantage of its strengths as the region's leading centre in new listings to develop Islamic initial public offerings, Eddie Yue Wai-man, a deputy chief executive of the Hong Kong Monetary Authority, said. Speaking at a financial seminar yesterday, Mr Yue said the city could be innovative in Islamic finance, exploiting its special strengths, ...

  7. Airport Authority clears Islamic bond tax hurdle

    Posted Feb 09th 2009, 12:00am by Enoch Yiu

    ... Maria Chan and Enoch Yiu The Airport Authority has resolved a major hurdle for its planned Islamic bond- how it will be treated for tax purposes- but is waiting for improved market ... elaborating. Sharia law bans interest income but allows profit sharing. That means Hong Kong's laws that tax profit but not interest income will have to be revamped to make Islamic bonds ...

  8. Huge potential seen in Islamic finance

    Posted Nov 26th 2008, 12:00am by Staff Reporter

    ... Maria Chan Hong Kong's financial regulators yesterday said there was still ample potential for developing the Islamic finance industry even though turmoil in global markets had led to a slowdown in the financial sector. New sukuks, or Islamic bonds, brought to the market in the first three quarters amounted to about US$13 billion, down 40 per cent from a year ago, said Eddie Yue ...

  9. Tax treatment for Islamic bonds to be resolved soon, says official

    Posted Aug 13th 2008, 12:00am by Enoch Yiu

    ... Enoch Yiu and Maria Chan Hong Kong financial authorities, pushing efforts to attract Islamic investors, will announce details of how it will bring the tax treatment of Islamic bonds in line with conventional bonds as early as next month, according to a top official. The Airport Authority plans to launch Hong Kong's first Islamic bonds in the third quarter, but the tax ...

  10. Cashing in on the Islamic-bonds train

    Posted Mar 18th 2008, 12:00am by Amanda Lee

    ... Yam-kuen's plan to promote Hong Kong as an Islamic finance centre has been met with some scepticism and to attract the capital from Islamic institutions, adjustments to the legal, fiscal and taxation regimes are needed to ensure a level playing field between conventional and Islamic principles. When Mr Tsang announced his plan to develop an Islamic bond market in Hong Kong in November last ...




SCMP.com Account