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Indonesia’s sharia market to overtake Malaysia

Posted on 28 July 2009

From Khaleejtimes.com: Indonesia’s Islamic market is set to overtake Malaysia’s thanks to the growth in sharia-compliant lending, one of Indonesia’s top Muslim clerics said on Monday.

Indonesia, the world’s most-populous Muslim country, currently lags neighbouring Malaysia, the Islamic financial hub for the region, in terms of the market for sharia financial products, but that should change given stronger government support and demand in the domestic market, he said………..Full Article: Source

 
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