Bursa Malaysia established an Islamic capital market (ICM) department on June 1 to support the growth of Malaysia's ICM.
“The ICM department will be the focal point for all ICM initiatives at Bursa. It will lead and co-ordinate Bursa's efforts towards further developing the Malaysian Islamic Capital Market through support and commitment from market participants,” Bursa chief executive officer Yusli Mohamed Yusoff said in a statement yesterday.
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