THE market for Islamic products has grown tremendously over the past few years but there is still a lot to be done to make Islamic capital markets more competitive, Aseambankers CEO Agil Natt said.
For the Islamic capital markets to remain competitive, attractive and innovative, indigenous Islamic financial products must be introduced to meet the risk reward profiles on investors and issuers, fulfilling the tenets of the syariah while remaining sufficiently cost effective and competitive vis-à-vis conventional products, he said.