EUROPE - EVENTS - Europe can learn from Islamic finance, says Luxembourg's Finance Minister

biz.thestar.com.my - KUALA LUMPUR: Europe can learn and gain from Islamic finance, given that financial institutions under it, have remained stable against the backdrop of the eurozone debt crisis.

This observation was made by Luxembourg's Minister of Finance, Luc Frieden, in a keynote address at the IFN 2011 Issuers & Investors Asia Forum here today. Frieden said despite the credit crunch that has impacted Europe's banks, Islamic financial institutions had weathered the global crisis and emerged to be the most well managed. (source)

GERMANY - KL’s edge in Islamic finance - Bundesbank send representatives to Malaysia's Securities Commission for training on Islamic finance

thestaronline - German don: Malaysia’s comprehensive regulatory framework a competitive advantage

KUALA LUMPUR: Malaysia's competitive advantage in Islamic finance is its comprehensive regulatory framework, according to a German economics professor. (source)

UK - Malaysia welcomes more partnerships with British companies - Openings for Islamic Finance

LONDON: Malaysia welcomes wider British investments, particularly in high technology and value-added and knowledge-based industries.

There were also many projects that British companies in partnership with their Malaysian counterparts would be able to explore, said Datuk Seri Najib Tun Razak.

These projects included those in business services, education, healthcare, electrical and electronics, green technology, renewable energy and information communication technology, the Prime Minister added. (source)