The existence of healthy competition in the local Islamic banking sector – not just among Malaysian players but also between international Islamic banks operating here – proves to be the right push for growth for industry peers.
According to Ernst & Young Malaysia’s (E&Y) director of Assurance Services, Syarizal Rahim, competition for market share has indeed provided the incentive for local players to continue developing more innovative products that would appeal to the greater population………………………………………..Full Article: Source