Hong Kong, Singapore Rise in Global Finance Secrecy Rankings
Hong Kong and Singapore have increased their ranking for financial secrecy, with the Chinese territory rising to number two behind only Switzerland in a 2015 index of the world's offshore havens compiled by the Tax Justice Network. Both Asian financial …
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Islamic Finance: Meeting Global Aspirations
Once a very esoteric industry, the market for Islamic financial products is becoming more global. According to recent estimates, worldwide Islamic finance industry assets exceed $ 1.87 trillion—a quantum leap from merely $ 150 billion in the mid-1990s.
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