29.08.2012 - Bank Negara Malaysia pushing Islamic banks to compete regionally

Malaysia’s Second Capital Market Master Plan (CMP2) has projected that the size of its Islamic capital market would grow by an average of 10.6% per annum to reach 2.9 trillion ringgit by 2020. Of the amount, the sukuk segment is expected to account for 46% or 1.3 trillion ringgit (US$406.25 billion). For many market participants, the key to achieving this growth is the further internationalization of the Islamic capital market...............................................Full Article: Source

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