Finding the right niche for Gibraltar

Gibraltar supplement: December 2009

mosaic

The latest hot topic doing the rounds in Gibraltar is Islamic finance. The territory’s legal community, together with tactical support from the Financial Services Commission (FSC), is exploring the possibilities. Leading the initiative is Joey Garcia, senior associate at Isolas.According to Garcia the territory looked at introducing a framework for Shariah compliant financial services a few years ago, but the project was dropped. Garcia is keen to get it back on the agenda, having helpe