Banking on the ummah – Malaysia leads the charge in Islamic finance


OF MALAYSIA’S claims to fame, leadership in financial services is not an obvious one. Yet in some ways the country is the world’s most important Islamic-finance centre. Just over a fifth of the country’s banking system, by assets, is sharia-compliant; the average for Muslim countries is more like 12%, and often a lot less. Malaysia … Continue reading Banking on the ummah – Malaysia leads the charge in Islamic finance