Kalair said in a written statement after the judgment, “This in my view, is a victory not only for myself but for the Islamic finance industry, that actions we take due to our religion are accepted in certain courts …”
27 April 2016– stable economy, growing Muslim community and international outlook could make it the next Islamic financial hub in North America.
The Liberals will give the CRA $444.4 million over five years to combat tax avoidance by hiring more auditors, improving the quality of the investigative work involved and developing a “robust business intelligence infrastructure.”
Canada is among seven countries that are “most vulnerable to a debt crisis” within the next three years, Forbes magazine says in a new analysis.
“The Australian Government has said that we want to be a financial services hub for this part of the world and, as such, developing a competitive sharia-compliant product offer is important to us,” says chief executive of CPA Australia.
In Canada, though, we haven’t yet had a proper debate on what sort of policies should shape our evolving relationship with Asia
This means that if a bank finds itself in financial difficulty in Canada, and you have money in that bank, the bank can take your money to bail itself out.
“It really does not matter whether the Liberals’ actions are motivated by politics, ideology or antipathy. What matters is the impact these policy reversals have on Canadians.”
OTTAWA—Finance Minister Bill Morneau released updated fiscal projections Feb 22 that predict an $18.4-billion deficit in 2016-17. That number is expected to grow even larger before the budget is tabled March 22.