Islamic finance can be more attractive to institutional investors


  • Business Premium
  • Thursday, 06 Aug 2009

KUALA LUMPUR: Islamic financial products should be positioned as safer assets with more stringent risk management standards to attract more institutional investors, a leading Islamic fund management firm said.

“Islamic products are not similar to conventional products as they include social ethical standards based on the syariah concept,” said Datuk Noripah Kamso, chief executive officer of CIMB-Principal Islamic Asset Management Sdn Bhd.

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