thailand-business-news.com - Malaysia’s Islamic finance sector is further consolidating its
position as a market leader, moving to broaden its product range and
expand its reach, though it may need to keep an eye on rivals aspiring
to emulate its success.
At a recent seminar on Islamic finance held in Istanbul, Mehmet
Asutay, the director of the Durham Centre for Islamic Economics and
Finance at UK-based Durham University, said Malaysia was positioning
itself to capture 25% of the market share in the Islamic banking and
finance sectors by 2012. (source)