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Islamic Finance Briefing - Categorized | Banking, Market Moves, New Launches more

OSK plans sharia stock-broking, equity deals

Posted on 07 April 2010

From Themalaysianinsider.com: OSK Investment Bank in Malaysia plans to set up an Islamic stock-broking business and offer sharia equity-linked investments as it explores a greater use of equity products, its Islamic banking chief said.

Islamic banks worldwide are considering the use of more equity or risk-sharing structures, estimated to make up only a tenth of Islamic financing globally, prodded by criticism that their industry mirrors conventional banking……………………………………….Full Article: Source

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