THE successful integration of conventional and Islamic banking systems in Malaysia is fast attracting interest from Western Europe, the Netherlands and Britain, which are keen to embrace dual banking.
Deloitte KassimChan director of financial services David Vicary said: These countries are now looking at Malaysia as the role model following its seriousness to set up a proper Islamic banking framework in terms of products as well as legal and accounting infrastructure, unlike the fragmented or ad hoc Islamic banking attempts in some Muslim countries.