Islamic financial instruments need strong governance, says PM Anwar


KUALA LUMPUR: Over the past two years, the government generated an income of RM15bil by confiscating assets and reclaiming funds lost to corruption and syndicates, says Datuk Seri Anwar Ibrahim.

The Prime Minister emphasised the need for justice and equality in economic development, adding that merely implementing Islamic financial instruments is insufficient if the underlying system is plagued by corruption.

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