Malaysia sees strong growth for Islamic finance
The development of the Islamic Capital Market has been strengthened in Malaysia in recent years, but the industry still faces challenges and needs to define its future strategy.
Islamic finance (IF) is set to play a prominent role in both Islamic and conventional economies due to increasing global demand for IF in recent years. One important area of IF that is rapidly developing globally is the Islamic Capital Market (ICM).
Being an epicentre of Islamic Finance, Malaysia’s success story of being the second largest market in Sukuk has now been further strengthened by Bank Negara Malaysia (BNM) and Securities Commission (SC) initiatives to improve the infra…
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