Mega mergers to be the highlight in Malaysian Islamic banking in 2015

KUALA LUMPUR: Malaysia's Islamic banking sector is set to attract global limelight next year with the formation of the world's first mega Islamic bank amid challenging times next year.

"This is a positive industry development because it is market driven mergers and acquisitions (M and A)," Maybank Islamic Bank Chief Executive Officer Muzaffar Hisham told Bernama.