Since its introduction in Malaysia in 1963, the Islamic financial system has witnessed tremendous growth in terms of demand, acceptance and development. Given the encouraging good growth in Islamic banking activities among banks in Malaysia, StarBiz talked to some major players to get an insight into the latest developments in their Islamic banking operations and their strategies.
STANDARD Chartered Bank Malaysia Bhd (StanChart), apart from enhancing its Islamic banking products in the local market, is also looking at offering its expertise and products to other Muslim countries to meet the rising demand and potential for such products.