Finalised Operating Standards To Benefit Islamic Banking Industry

BMI View: The finalisation of operating standards will be positive for the development of the Islamic banking industry and will help Malaysia maintain its dominant position, following the nation's failure to create a mega-Islamic bank.The finalisation of operating standards for all major Islamic finance contracts by Bank Negara Malaysia (BNM) will be positive for the continued development of the Islamic banking industry in Malaysia. This will mark the first comprehensive set of practical...

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