SUKUK IN HONG KONG

SUKUK IN HONG KONG

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August 11, 2022

Hong Kong expects to leverage on Malaysia’s strong framework and expertise to bring Islamic finance into mainland China. Hong Kong Secretary of Finance, John C Tsang said Islamic finance was still new for Hong Kong. “We are at a very preliminary stage in Hong Kong. As you know we don’t have a big Muslim population in Hong Kong, but we see that Hong Kong could develop into a platform for Islamic finance in the region. Therefore, the development of Sukuk in Hong Kong will be a natural development,” he said.