IRELAND - Dublin looks to Islamic finance and the green economy for growth

Irish Prime Minister Enda Kenny has outlined Islamic finance and the green economy as two areas of growth for the Irish Funds' Industry. Speaking at the Irish Funds Industry Association (IFIA) conference, Mr Kenny said there was a need to ensure that Ireland is the obvious and first choice for the domiciling and distribution of funds.(source)

IRELAND - Ireland aims to be home of Islamic finance in Europe

Sharia-compliant financial regulations will make Dublin 'centre of excellence for Islamic finances'

 

Ireland has launched a bid to become the home of Islamic finance in Europe as it seeks to rebuild its once dominant financial services sector.

The taoiseach, Enda Kenny, who was swept to power on a wave of public anger at the taxpayers' €70bn (£62bn) bailout of failed banks, told the Irish Funds Industry Association (IFIA) that he was doing everything he could to "ensure" Dublin became "a centre of excellence for Islamic finances". (source)