OXFORD: Malaysia is set to clinch 25% of global transactions in Islamic banking within the next decade from less than 10% currently, said Minister in the Prime Minister’s Department Tan Sri Nor Mohamed Yakcop.
He said Malaysia would be attractive because it was the only country which has a complete value chain of Islamic financing with Islamic and conventional banking both operating in the mainstream financial services landscape.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
