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Monday, 28 April 2014

Malaysia is prominent destination for Islamic finance

KOTA BARU: Malaysia has consistently become a prominent destination for Islamic finance especially Islamic banking, sukuk market and Islamic equity, said Deputy Prime Minister Tan Sri Muhyiddin Yassin.

He said Malaysia was an Islamic country that has played a big role in taking Islamic finance into the mainstream of the international stage.
"This is acknowledged by the international communities including countries like Sudan, Tunisia, India and Japan," Muhyiddin said in his speech at the closing of the Malaysian Unit Trust Week here today.
Muhyiddin also said efforts to empower Islam wholly and in a planned manner has always been an important agenda of the government since Merdeka (Independence).
He said it was very much visible in all aspects including economy, administration, education, judiciary and others.
The unit trust week was opened on April 20 and has recorded a total of 215,000 visitors.

(New Straits Times / 28 April 2014)
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