Sunday, 21 February 2010
Bahrain 'hub for Islamic finance'
Leading global companies are selecting Bahrain over the other financial centres is a sign of the stride the kingdom has made over the last four decades.
News that consulting giant Deloitte has opted to base its new Islamic Finance Knowledge Centre (IFKC) in Bahrain reflects the kingdom's track record as the most established financial centre in the Gulf and a global hub for Islamic finance, Economic Development Board (EDB) chief operating officer Kamal Ahmed said.
"As the first country in the region to establish a finance industry more than 40 years ago and a pioneer of Islamic finance, Bahrain is the ideal location for Deloitte to base IFKC.
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