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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Watts from water
Singapore’s financial sector a big winner
Up in Arms - or up the value chain?
Asia bonds for diversification
Smart city can’t beat the traffic
Powering a new reinvestment cycle as demand surges
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read