| Boasting a 20 per cent market share, which the country’s Central Bank wants to double within the next five years, its Islamic banks are spoiled with a supportive Government, advanced Islamic capital market and a ready-made consumer market from the country’s majority-Muslim population. Malaysia’s population, however, seem a bit nonplussed by the concept.
“Why would I go to an Islamic bank?” chuckled one local, who I met while photographing some Islamic bank branches. “I’m a Muslim, but it is not un-Islamic to use a conventional bank – we all used conventional banks until recently when Islamic banks came along – they can’t say Muslims have to use Islamic banks, I’ve never heard anyone say banks are un-Islamic!”..............................................Full Article: Source
|