17.09.2012 - Malaysia: Islamic finance players call for a regulatory framework that does not impede growth
There should be a balanced regulation for Islamic finance, one that does not impede its growth or allow for abuse, according to leading industry players. CIMB Islamic Bank Bhd CEO Badlisyah Abdul Ghani says the Islamic finance industry needs a balanced regulation, adding that there is always fear for any industry to be over regulated. “We need regulation and the financial regulator must always strive for a balanced regulation so that it is not too rigid as to choke the industry or too slack, thus allowing for abuse,'' he said..............................................Full Article: Source
Print