| Jamelah Jamaluddin, Chief Executive Officer of KFH Malaysia explained that attitudes and approaches towards Islamic banking in Malaysia differ from those in the Middle East.
“Shari’ah is the priority versus economic benefit and commercial reason [in the Middle East],” she said. “In Malaysia, it tends to be a bit of both – I think we tend to be more skewed towards the commercial than the Shari’ah principle.” Jamaluddin said she believed that’s why Malaysia has grown into the leading Islamic finance hub. “It’s about business,” she said...............................................Full Article: Source |