The Advisory and Finance Committee has said if it does buy the air company, it wants Aurigny to be owned by the States but continue to operate independently.
Tharman Shanmugaratnam, Singapore's finance minister and head of the IMF's policy advisory committee, is widely admired for his technical and political skills.
This man, Mufti Taqi Usmani, as head of AAOIFI's Shariah advisory board, will now be the chief watchdog of the Shariah-Compliant Finance industry-and Ernst and Young is celebrating it.