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Jun 12 2011

MAS throws weight behind IFSB

By Paul McNamara Singapore has been a bit of a quiet achiever in the Islamic finance scene overall but the Monetary Authority of Singapore fairly shone in the first session of the IFSB Seminar on Strategies for Development of Islamic Capital Markets held in Singapore yesterday.

Tai Book Leong, the executive director of MAS, gave a robust opening speech that offered a précis of Singapore's achievements in Islamic finance to date, from the MAS Sukuk through to the SABANA REIT and a run-down of Singapore's success in linking its leadership role in management education to Islamic finance education - all of which bodes well for the future.

© The Islamic Globe 2011

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