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Islamic Finance Challenges discussed in Luxembourg
On 11 May 2011, Luxembourg for Finance kicked off the 8th Islamic Financial Services Board Summit with a Luxembourg Country Showcase. This showcase, which was sponsored by PwC Luxembourg and FWU Global Takaful Solutions Dubai, gathered over 150 participants from various countries around the world. The objective of this event was to highlight the benefits of Luxembourg as a European hub for Islamic Finance, and to present the experiences gained in Luxembourg to date. The showcase began with opening remarks from M. Yves Merch, Governor of the Banque Centrale de Luxembourg (BCL). M. Mersch reminded that a close relationship between the private and public sectors was essential to the development and growth...
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