Thursday, August 2, 2012

Does Islamic banking need tax-break pick-ups to lubricate the sector ...

In Malaysia, there was a discussion whether to continue tax incentives for Islamic finance or to use tax-break pick-ups to lubricate the sector. Since some of the incentives were aimed to make Islamic finance competitive with conventional finance, they should at some point be phased out. However, incentives which ascertain the equity between Islamic and conventional finance, should be maintained.

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Source: http://www.islamicfinance.de/?q=node/3603

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