KUALA LUMPUR: The Islamic finance industry should look into opportunities to broaden the scope of Islamic microfinance that currently only represents 1% of the global microfinance outreach, said Raja Nazrin Shah, the Regent of Perak.
In his opening speech at the Islamic Financial Intelligence Summit (IFIS) 2013, he said that Islamic finance had a crucial role to play in bringing the financially underserved Muslims into the economic mainstream.
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