07 Jun '11, 2pm

DTN Singapore: More Shariah compliant investors heading for Southeast Asia: SINGAPORE: Southeast Asia may see an...

SINGAPORE: Southeast Asia may see an inflow of funds in search for Islamic banking alternatives. Analysts said the recent turmoil in the Middle East has driven some Shariah compliant investors to pull their money out of that region. And these funds could be heading towards aspiring Islamic finance centres like Malaysia and Singapore. Analysts say Islamic finance has been growing at a rate of 25 per cent a year for the past decade and the main investors of Shariah compliant products remain institutions and high net worth individuals from the oil-rich Gulf states. Now, more of this money may find its way to Singapore, given the socio-political unrest in the Middle East. Sani Hamid, Director of Wealth Management at Financial Alliance, said: "There is a sense that there is some money coming out of the Middle East into the non-Middle East Islamic centres like Singapore. "This i...

Full article: http://www.channelnewsasia.com/stories/singaporebusinessn...

Tweets

More syariah-compliant investors expected to hi...

todayonline.com 08 Jun '11, 11am

SINGAPORE - Aspiring Islamic finance centres like Singapore and Malaysia may see an inflow of funds in search of Islamic b...

Oil down in Asia on fears of higher supply - St...

straitstimes.com 07 Jun '11, 4am

SINGAPORE - OIL was down in Asian trade on Tuesday amid speculation that Opec may boost crude supplies despite faltering e...

LiveJournal Appoints Tickled Media To Launch Southeast Asia Portals

LiveJournal Appoints Tickled Media To Launch So...

sgentrepreneurs.com 08 Jun '11, 9am

LiveJournal’s parent company is SUP Media , based in Moscow (Russia) and San Francisco (USA). Annelis Van Den Belt, CEO of...

Tom Hanks sings the praises of Southeast Asia's film industry

Tom Hanks sings the praises of Southeast Asia's...

channelnewsasia.com 11 Jun '11, 9am

SINGAPORE: The actor fondly remembered for his portrayal of the lovable "Forrest Gump" is bringing his boyish charms to th...

DTN Singapore: V8 Supercars heading to Singapore: SINGAPORE: More high octane action is headed Singapore's way,

DTN Singapore: V8 Supercars heading to Singapor...

channelnewsasia.com 14 Jun '11, 2pm

SINGAPORE: More high octane action is headed Singapore's way, once organisers of the V8 Supercars close their deal. Its ma...

Asia's consumers feel optimistic: Nielsen poll ...

straitstimes.com 07 Jun '11, 4am

CONSUMER confidence in Singapore and across Asia remains high, according to a survey released yesterday. The Nielsen Globa...