Tagged: Ashok Hariharan

Tax Law amendment proposal for Islamic banks submitted

Islamic Finance

2013-05-27

Tax Law amendment proposal for Islamic banks submitted

KPMG has submitted its recommendations for amending the country’s tax law to the Ministry of Finance. The recommendations aim to ensure that Islamic financial institutions are on a level playing field with their conventional counterparts. According to …

Oman set for changes in tax laws to suit Islamic banking

Islamic Finance

2012-10-25

Oman set for changes in tax laws to suit Islamic banking

The plans of the Oman government for the near future include an amendment to the current tax legislation. The goal of the amendment is accommodation of Islamic banking products and services as well as the creation of a level playing field with its conv…

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