Meeting Market Challenges

Fawaz Elmalki, Sameer K. Tegally • Posted 02/05/2010 • Under Articles

Offshore entities have continued to play a meaningful role in the structuring of Islamic finance transactions over the past twelve months. Investors, businesses and bankers seek jurisdictions which offer modern and effective legal regimes, tax neutrality, an independent location for international investors, accessible and pragmatic regulators and sophisticated service providers that are responsive, timely and thorough. Jurisdictions such as the Cayman Islands, Bermuda, the British Virgin Islands (BVI), Mauritius, Jersey and Luxembourg have been listening.