From Btimes.com.my: PT Bank Muamalat, which launched its inaugural financial centre in Malaysia, aims to attract investment financing worth US$100 million from the Middle East and Malaysia.It also opened its subsidiary - First Islamic Investment - in Kuala Lumpur today.
The president and director of PT Bank Muamalat Indonesia, A. Riawan Amin said that Islamic finance profits have declined 20 per cent amid the global economic downturn. However, he said prospects remained positive. …. Full Article: Source