After more than a decade of coordination, Malaysia’s Islamic finance services (IFS) sector now boasts of the world’s largest sukuk market, second-largest takaful market and a major Islamic banking and securities industry.
Malaysia had also established itself as an intellectual capital in IFS globally, with many research and training initiatives in syariah law as well as finance that were unmatched elsewhere, Oxford Business Group (OBG) stated in its report recently………………………………………..Full Article: Source