John,

Do you notice any difference there in Singapore in banking ... or in the adoption of Muslim ways ? Would be curious to know. I think all of us Doves would like to know more about Singapore, if you could inform us.Thanks.
 

 And thank you for the 5 Doves platform to air our views and news.

The world is desperate for a "one voice messiah."

We prefer the chorus of voices at the Doves ( and within all of the Body of Christ ).

God bless you John,
Jim Goodrick
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Thanks, Jim. Pragmatism rules here ......
John

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Interesting article on Singapore and SHARIA banking ....

" In a sign of the enthusiasm for opportunities in this field, Singapore, a bastion of conventional capital markets, is now chasing the Muslim dollar. Goh Chok Tong, former prime minister of Singapore and now chairman of the monetary authority, last year signaled plans to build links to the Middle East with the goal of turning his nation into the regional center for Islamic capital market investments, private banking services and fund management.

 

The monetary authority has established an advisory group to provide guidance on development of the Islamic financial market. In April, Singapore gained full membership in the Islamic Financial Services Board, a global body that advises on Islamic financial market regulation and supervision.

 

Underpinning Singapore's push into Islamic finance is the hope that it can act as a conduit between the fast-growing Chinese market and wealthy Middle East investors who want to invest in a Shariah-compliant way.

But the growth and interest in these new financial products are global. Major international banks including
Citigroup, HSBC, Standard Chartered, BNP Paribas and Deutsche Bank all have Islamic units.
What started in the 1960s as a Middle Eastern niche is taking off as a global banking phenomenon. Hedge funds, bonds, derivatives - almost every conventional financial product - now have Islamic equivalents
http://www.iht.com/articles/2005/06/01/business/islamic.php