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Asean: Significant potential for Islamic finance

Posted on 20 September 2012

There is still significant growth potential for Islamic finance in Malaysia and Indonesia as well as the rest of the Asean region, said HSBC Amanah Malaysia Bhd chief executive officer Rafe Haneef.
“Malaysia and Indonesia are countries with large Muslim populations. In Malaysia, Islamic finance is 25% to 27% of the total banking market. If you look at the capital market, it is more than 60% or 70%………………………………………..Full Article: Source

 
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