| Khazanah Nasional Berhad, the strategic investment fund of the Government of Malaysia, stands out among global sovereign wealth funds (SWF) as a leading example of how such a fund can be an engine of economic development for the country — ”a national building institution,” as it likes to refer to itself. Khazanah — literally meaning treasure — also has the distinction of being actively involved in Islamic finance, widely held as the fastest growing segment in global finance.
Khazanah commenced operations in 1994; at that time its mandate was primarily as passive custodian of the government’s shares in national agencies, which had been privatized...............................................Full Article: Source
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