FINANCE - Use sovereign funds to invest in syariah-compliant products: Regent Read more: Use sovereign funds to invest in syariah-compliant products: Regent (Malaysia)

MUSLIM countries should allocate a fraction of their sovereign funds to financial institutions which have the expertise to invest in syariah-compliant investment funds and instruments.

Perak Regent Raja Dr Nazrin Shah said one of the driving forces for Islamic finance to prosper is for large investment organisations such as sovereign wealth funds of Muslim countries to take a developmental view when determining their asset allocations.

FINANCE - Malaysia To Take Lead In Establishing Supra-Sovereign Wealth Fund

KUALA LUMPUR, Oct 23 (Bernama) -- Malaysia will take the lead in facilitating the establishment of the Supra-Sovereign Wealth Fund (SSWF) in its bid to attract large amounts of sovereign wealth funds from prosperous Islamic countries.