{"id":12150,"date":"2020-07-08T10:13:50","date_gmt":"2020-07-08T08:13:50","guid":{"rendered":"https:\/\/loconteandpartners.it\/?p=12150"},"modified":"2020-07-02T10:33:31","modified_gmt":"2020-07-02T08:33:31","slug":"islamic-finance-operations-feasible-in-italy-stefano-loconte-for-ifn-news","status":"publish","type":"post","link":"https:\/\/loconteandpartners.it\/en\/press-review\/islamic-finance-operations-feasible-in-italy-stefano-loconte-for-ifn-news\/","title":{"rendered":"\u2063Are Islamic Finance operations feasible in Italy?"},"content":{"rendered":"<p>By Stefano Loconte for IFN Islamic Finance News Volume 17 Issue 26 (1st July 2020)<\/p>\n<p><em>\u201cIt is remarkable that the Italian legal framework does not forbid but at the same time does not even expressly authorize these operations. The main reason why these operations\u00a0are not performed in Italy is due to the fiscal costs. In fact, these financial operations are subject to double taxation compared to the traditional ones.\u00a0The costs incurred will not be, economically speaking, sustainable for the banks. At this point, it seems necessary for the introduction of a specific framework to balance the Islamic finance model with the traditional models, in line with what has has already been done in other European member states&#8221;<span class=\"Apple-converted-space\">\u00a0<\/span><\/em><\/p>\n<p><span lang=\"EN-US\">Read the full contribution of our founder Stefano Loconte, published in Islamic Finance news Volume 17 Issue 26 dated the 1st July 2020, about the possibility and the difficulties of creating the \u201cIslamic windows\u201d in Italy.<\/span><\/p>\n<p class=\"x_MsoNormal\"><span lang=\"EN-US\"><a href=\"https:\/\/www.islamicfinancenews.com\/are-islamic-finance-operations-feasible-in-italy.html?access-key=acb6ae8893c33e5d6e4137df1af36760\" target=\"_blank\" rel=\"noopener noreferrer\" data-auth=\"NotApplicable\">https:\/\/www.islamicfinancenews.com\/are-islamic-finance-operations-feasible-in-italy.html?access-key=acb6ae8893c33e5d6e4137df1af36760<\/a><\/span><\/p>\n<p>&#8221;<\/p>\n<p>You can also download the single PDF page at this link (<a href=\"https:\/\/loconteandpartners.it\/wp-content\/uploads\/2020\/07\/v17i26-17.pdf\">Download)<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Stefano Loconte for IFN Islamic Finance News Volume 17 Issue 26 (1st July 2020) \u201cIt is remarkable that the Italian legal framework does not forbid but at the same time does not even expressly authorize these operations. The main reason why these operations\u00a0are not performed in Italy is due to the fiscal costs. In [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":11817,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[99],"tags":[4175,4042,4176,4154,4145],"class_list":["post-12150","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-review","tag-foreign-investments","tag-islamic-finance-en","tag-islamic-investments-en","tag-tax-en","tag-wealth-management-en"],"_links":{"self":[{"href":"https:\/\/loconteandpartners.it\/en\/wp-json\/wp\/v2\/posts\/12150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/loconteandpartners.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/loconteandpartners.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/loconteandpartners.it\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/loconteandpartners.it\/en\/wp-json\/wp\/v2\/comments?post=12150"}],"version-history":[{"count":3,"href":"https:\/\/loconteandpartners.it\/en\/wp-json\/wp\/v2\/posts\/12150\/revisions"}],"predecessor-version":[{"id":12155,"href":"https:\/\/loconteandpartners.it\/en\/wp-json\/wp\/v2\/posts\/12150\/revisions\/12155"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/loconteandpartners.it\/en\/wp-json\/wp\/v2\/media\/11817"}],"wp:attachment":[{"href":"https:\/\/loconteandpartners.it\/en\/wp-json\/wp\/v2\/media?parent=12150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/loconteandpartners.it\/en\/wp-json\/wp\/v2\/categories?post=12150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/loconteandpartners.it\/en\/wp-json\/wp\/v2\/tags?post=12150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}