CIMB's Abdul Ghani on Islamic Finance in Hong Kong

CIMB's Abdul Ghani on Islamic Finance in Hong Kong Play

Jan. 9 (Bloomberg) -- Badlisyah Abdul Ghani, chief executive officer of Kuala Lumpur-based CIMB Islamic Bank Bhd, the second-biggest arranger of Islamic bonds in 2012, talks about the prospects for Islamic finance in Hong Kong. Hong Kong Secretary for Financial Services and the Treasury K.C. Chan will present a bill to the Legislative Council today that will exempt sukuk sellers from paying tax on the transfer of underlying assets for four Islamic debt structures, he said in a Dec. 28 statement. Abdul Ghani speaks with Rishaad Salamat on Bloomberg Television's "On the Move." (Source: Bloomberg)

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