Bermuda aims to become a centre for Islamic finance

On the signing of a Double Taxation Agreement (DTA) with Qatar, Premier and Minister of Finance, The Hon. Paula A. Cox, JP, MP, said the move "positions us to market Bermuda as an interconnecting domicile for Bermuda and investment from and to those 50 countries with which Qatar has DTAs." The Premier went on to say that investors in countries that to date do not have a DTA with Qatar can establish a domicile in Bermuda and benefit from the Qatar Bermuda DTA and the DTA network. "The DTA provides incentive to Qatar entities including Qatar Airways, also Bermuda’s reinsurance industry...