Singapore plans Islamic banking boost

Singapore's Prime Minister Lee Hsien Loong said the country plans legal changes to make it easier for banks to offer Islamic banking services.

The government will revise rules that hinder the offering of products compliant with Islamic principles, Lee, 53, said in an interview on March 18. He expects Singapore to draw investors seeking capital markets investments, private banking services and fund management products.

Singapore-based managers oversee more than $285 billion of assets, and the

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: