MANAMA (BAHRAIN): Malaysia and Bahrain could move Islamic financial instruments to a higher plateau if the financial hubs of both countries could be connected, said Second Finance Minister Datuk Dr Jamaludin Jarjis.
“I think we can place the global Islamic financial instruments side by side with conventional instruments,” he said after witnessing a listing agreement for Malaysia’s US$600mil sovereign Islamic Bonds (Sukuk) on the Bahrain Stock Exchange and the launch of Maybank Bahrain yesterday.
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