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Two new mega players in Islamic banking

Posted on 28 April 2010

From Mmail.com.my: The issuance of two mega Islamic banking licences with US$1 billion (RM3.1 bln) capital to be announced in June is expected to boost the Malaysian Islamic finance industry.

Bank Negara Malaysia’s deputy governor Datuk Mohd Razif Abd Kadir in disclosing this at the Malaysia International Islamic Financial Centre (MIFC) roadshow here yesterday called it a liberalising move for the sector…………………………………..Full Article: Source

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