At an Islamic finance event at SMU on Wednesday, Monetary Authority of Singapore (MAS) Assistant Managing Director Ng Nam Sin said that Singapore’s strength as a finance hub is key to allowing Islamic financial services to flourish. He added that the country's three-pronged approach to the sector is underpinning its rapid growth. Mr Ng also told the Islamic Finance News Singapore Roadshow that the MAS will keep participating in international Islamic financial organisations to help the sector lift overall standards and improve its skills.
Source:
The Straits Times
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