Landmark Islamic finance publication (Ministerial)
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:
For further news and information from the Australian Trade Commission (Austrade) visit www.austrade.gov.au/mediacentre.
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