Bloomberg :The Islamic finance industry is catching up with Malaysia in offering a full range of services, supporting growth in an industry with $1 trillion in assets, said the chief executive officer of CIMB Islamic Bank Bhd.
Malaysia has a Shariah-law compliant alternative for every conventional product available because of its early start, Badlisyah Abdul Ghani said in a June 25 interview in Kuala Lumpur. Automobile financing complying with the religion’s ban on interest accounted for 80 percent of new loans last year, said Badlisyah ...continue
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