Showing posts with label durham. Show all posts
Showing posts with label durham. Show all posts

Wednesday, October 12, 2011

MALAYSIA - OPINION - Malaysia: Taking Islamic finance further

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)