NOTE-TO-EDITOR
09-02-2012
In a bid to diversify its economy, increase trade and investments with the Middle East, and claim its position as an Islamic finance hub alongside its current status as a financial hub, Singapore is ramping up efforts to become a global player in Islamic finance. Established financial regulations and infrastructure and a supportive regulator are also essential elements already present in the Singaporean financial landscape to boost the growth of Islamic finance in the country.
With new developments on the regulatory front in 2011 concerning tax treatments on Murabahah transactions and further clarification on income tax, stamp duty and GST treatment on Islamic financing facilities, it is evident that the country's regulator is on course to realizing its goal of becoming an Islamic finance-friendly jurisdiction. Industry players anticipate more progress in the country's Islamic capital markets on the back of various successes over the last few years; including the Monetary Authority of Singapore's US$145 million Sukuk issuance in 2009, Danga Capital's US$600 million trust certificates and the establishment of Sabana REIT- the world's largest Shariah compliant real estate investment trust by assets.
In recognition of these developments, Islamic Finance news (IFN) will host the IFN Roadshow Singapore on the 13th March 2012 at the Singapore Management University. The fully interactive event is designed to generate ideas, fresh views and concrete plans to exploit Islamic finance opportunities in the country.
Covering a wide spectrum of topics pertinent to issuers and investors, the IFN Roadshow Singapore will see prominent industry players addressing topics on the development of the Singaporean Islamic capital markets, investment trends and opportunities, the future of asset and wealth management and regulatory and tax hurdles.
Delegates can interact via regular question and answer sessions as well as during networking sessions which will directly support the development of Islamic finance in Singapore.
Date: 13th March 2012
Time: 08:00 - 16:00
Venue: Singapore Management University, Singapore
Delegates are invited to register online at
http://www.redmoneyevents.com/2012/2012_roadshow_singapore.asp
For more information, please contact Noor Omar:
+603 2162 7800 ext. 43 or email [email protected]
You can also visit www.redmoneyevents.com
About REDmoney Group
REDmoney Group is the holding company behind Islamic Finance news, Islamic Finance training and Islamic Finance events - all leading products in their own right. In 2006, Islamic Finance events created and organized the IFN Asia Forum, which has become the world's largest Islamic finance event.
