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Islamic finance continues to feature as an affirmative action tool in NEP

Posted on 31 December 2010

From Arabnews.com: Malaysian Prime Minister Mohd Najib Tun Abdul Razak last week reiterated in the Dewan Rakyat (the Parliament) that the country’s New Economic Policy (NEP), which promotes the economic empowerment of the indigenous peoples and the Bumiputeras (Malays) and their poverty alleviation through affirmative action, will continue and is still relevant today.

The NEP was first introduced in 1971 by no other person than the father of Najib, the much-revered late Tun Abdul Razak Hussein, Malaysia’s second prime minister since independence from the British…………………………………….Full Article: Source

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