GFIEF to help Malaysia regain positioning as top innovator in Islamic finance


Treasury secretary-general Datuk Johan Mahmood Merican.

RIYADH: The Global Forum of Islamic Economics and Finance (GFIEF), scheduled to be held in Kuala Lumpur end-May this year, will be a platform for Malaysia to recapture its positioning as a leading innovator in Islamic finance, according to Treasury secretary-general Datuk Johan Mahmood Merican.

He said Prime Minister Datuk Seri Anwar Ibrahim believes that the country’s Islamic finance industry has reached maturity and is stable enough to start developing its own Islamic finance/banking products and to leverage its expertise with other Islamic countries.

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