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German don: Malaysia’s comprehensive regulatory framework a competitive advantage

Posted on 18 October 2011

Malaysia’s competitive advantage in Islamic finance is its comprehensive regulatory framework, according to a German economics professor.
“Malaysia has the necessary ingredients to be a hub for Islamic finance, such as its capital adequacy requirements, good governance and disclosure policies that are able to meet European financial standards,” said International Centre for Education in Islamic Finance (INCEIF) governing council member Prof Dr Volker Nienhaus……………………………………….Full Article: Source

 
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