KOTA BARU: Malaysia will base its Islamic financial system on the principles of maqasid al-syariah, which are goals to meet the foundations of the faith, life, lineage, intellect and property.
Prime Minister Datuk Seri Najib Tun Razak said Malaysia was already a role model country promoting a Syariah compliance banking system that had been implemented by many local and foreign banks.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!