Landmark Islamic finance publication (Ministerial)

Media release

12 February 2010

Trade Minister Simon Crean today launched the Australian Government’s first-ever comprehensive publication on Islamic finance.

The booklet Islamic Finance provides a detailed explanation of the opportunities that booming Shariah-compliant investment and banking offers Australia’s financial services sector.

Australia is well positioned to service almost 1 billion Muslims who live in the Asia-Pacific region and to tap into petrodollar liquidity.

“Islamic financing is a crucial plank in the Government’s strategy to make Australia a financial hub in the Asia Pacific region,” Mr Crean said.

Full media release available at:
http://www.trademinister.gov.au/releases/2010/sc_100212.html
 
For further news and information from the Australian Trade Commission (Austrade) visit www.austrade.gov.au/mediacentre.
 

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