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. |