Islamic banking, finance on a roll


KUALA LUMPUR: Despite the global financial crisis, Islamic banking and finance is expected to continue expanding next year, with Malaysia-based players ready to lead the pack regionally and internationally.

The flaws in conventional finance have created great interest in the Islamic financial model, and this provides the basis for the industry to sustain a period of strong growth for the rest of this decade.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Business News

Shares of China Evergrande suspended as chairman under police watch
US SEC nearing settlement with Wall Street firms over WhatsApp probe -sources
Holidays at home for record number of Chinese as economic slowdown bites
As shutdown looms, companies should go public 'before Friday' -US SEC chief
Capital A forms partnership with Garuda
Copper falls on firm US dollar, property worries
MAA proposes Budget 2024 incentives to include all xEVs
Giant wireless carrier to triple investment in AI
China’s Trina Solar plans US$400mil Vietnam plant
Sunway, Umech and PDC to build industrial park

Others Also Read