Irish Shariah Finance
This is an interesting move by the Irish. Let's see if Indonesia is also taking the advantage of it.
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4 comments:
You mean a syariah finacial institution in Ireland ?
Not yet, but they are preparing for money coming in from islamic countries.. there are already universities in Ireland offering shariah finance program
Astonishing news.
Because I guess the number of Muslims in Ireland can be counted one by one ( adding up to a few hundred)( France would have been a more likely country);
Because Shari-ah banking is banking too and banking is at the root of Ireland's dire straits (The Irish people may wonder whether it's the government's first duty to help the bankers);
Because I can't see why wealthy Muslims would gamble their Shari-ah money on a ruinous banking system.
Yet the announcement is either original and brave ( or possibly desperate). Being Irish ( taking into account the colour of his hair :))I assume Enda Kenny has to be original and brave.
@colson, interesting development, right? They already signed some agreements with Muslim countries on tax, I would've thought the money is started to flow to Ireland soon. There are plenty (Export) businesses that go well in Ireland.
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