www.businessandleadership.com - Tánaiste Eamon Gilmore addressed a seminar this morning on the Government’s aim to make Ireland a European hub for Islamic finance.
“Internationally Islamic finance, or Sharia compliant finance, has demonstrated impressive growth rates - annual growth rates have been estimated at 15 -20pc,” he said. “The global Islamic finance industry is currently valued at approximately US$1.3trn.
“We see potential for significant growth in this area and it forms an important part of our strategy for international financial services in Ireland,” he said. “We are determined to ensure that the IFSC will develop as a centre of excellence for Islamic finance and are engaging with key stakeholders to move towards achieving this goal.” (source)
“We see potential for significant growth in this area and it forms an important part of our strategy for international financial services in Ireland,” he said. “We are determined to ensure that the IFSC will develop as a centre of excellence for Islamic finance and are engaging with key stakeholders to move towards achieving this goal.” (source)
