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Malaysia’s Islamic banking continues to remain resilient

Posted on 18 April 2011

Mohd Najib Abdul RazakThe Malaysian Islamic banking system (MIBS) achieved an encouraging thumbs up in 2010 underlining both the resilience of the industry and its sustained recovery.
The latest Bank Negara Malaysia 2010 Financial Stability Report, which is published with the central bank’s annual report and was released last week, confirmed that the MIBS “continued to remain resilient throughout 2010 supported by high capitalization, with a risk-weighted capital ratio (RWCR) of 14.9 percent and an improvement in asset quality with non-performing ļ¬nancing pegged at 2 percent in an environment of ample liquidity and improved economic conditions.”……………………………………..Full Article: Source

 
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