04.04.2011 - Malaysia’s ICM breaks RM1 trillion barrier in assets
Another sign that Asia is leading the revolution in the development of an Islamic Capital Market (ICM) is the latest encouraging data to emerge from Malaysia’s Securities Commission (SC), the countries securities regulator. The 2010 SC Annual Report, which was released in March 2011, confirms that the size of the ICM in Malaysia exceeded RM1.07 trillion at the end of 2010, thus breaking the RM1 trillion barrier for the first time. At the same time the ICM recorded an impressive growth of 15.2 percent in fiscal year 2010. In fact, the ICM is now growing at a rate equal if not faster than the conventional capital market..............................................Full Article: Source
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