Arab Today, arab today uk launches 1st islamic finance taskforce
Last Updated : GMT 11:42:17
Arab Today, arab today
Arab Today, arab today

UK launches 1st Islamic finance task-force

Arab Today, arab today

Arab Today, arab today UK launches 1st Islamic finance task-force

London - KUNA

The UK government launched on Monday the first Islamic finance task-force to \"help to cement London\'s status as the western hub for Islamic finance\" by showcasing the UK as the preferred choice for the Muslim world to invest in and do business with.  From day one the Task Force will support development of the UK\'s Islamic finance sector, increasing inward investment and strengthening the economy, according to a statement by the Foreign and Commonwealth Office (FCO).  The Task Force will include major industry figures to ensure that the UK\'s offer is promoted at home and abroad by both the public and private sector.  The Task Force will have three key objectives: to act as UK Ministerial Champions for the World Islamic Economic Forum in London on 29-31 October; to engage with the United Kingdom Islamic Finance Secretariat (UKIFS) and others to promote and raise the international profile of the industry; and to use Islamic Finance to facilitate inward investment and strengthen the UK economy, including through our ongoing support for Sovereign Wealth Funds looking to invest in UK infrastructure.  The Islamic finance Task Force will be co-chaired by Financial Secretary to the Treasury, Greg Clark and Baroness Warsi, Senior Minister of State at the Foreign and Commonwealth Office, the statement said.  Minister of Trade and Investment Lord Green and Minister of State for International Development Alan Duncan will provide additional ministerial support. Key industry figures have agreed to support the Task Force and assist in its work.  The World Islamic Economic Forum, hosted in London in October, will be the Task Force\'s first key milestone.  Financial Secretary to the Treasury Greg Clark MP said: \"This Government\'s priority is to make sure that Britain is open for business.\" \"The Islamic Finance Task Force is a perfect example of our ambition to promote London as a leading financial centre and attract inward investment for the wider economy,\" he noted.  \"The Task Force has an important role to play. Our focus now is to ensure that the UK and London is well placed to showcase what we have to offer at the World Islamic Economic Forum in October,\" Clark added.  Senior Minister of State at the Foreign and Commonwealth Office Baroness Warsi said: \"We expect the global market for Islamic financial services to experience significant growth over the coming years, but feedback from decision makers in the Middle East and South East Asia suggests there is a lack of awareness of the UK industry and that we should be doing more to promote the sector.\" \"There are also major opportunities to attract investment into the UK as demand for Islamic finance increases from private investors and Sovereign Wealth Funds.  \"For that reason we are announcing today the formation of a Ministerial Task Force for Islamic Finance,\" Warsi added.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today uk launches 1st islamic finance taskforce Arab Today, arab today uk launches 1st islamic finance taskforce

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today uk launches 1st islamic finance taskforce Arab Today, arab today uk launches 1st islamic finance taskforce

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday