From Atimes.com: Over the past decade or so, Malaysia has quietly become the leading international player in Islamic finance and its gateway. The government of Malaysia, through its two principal agencies, Bank Negara (the central bank) and the Security Commission, has actively promoted Islamic finance.
More specifically, Islamic finance has been given formal prominence in the Financial Sector Master Plan (FSMP) and the Capital Market Master Plan (CMP), which were initiated in Malaysia in 2001……………………………………….Full Article: Source