MALAYSIA SETS ISLAMIC FINANCE EXAMPLE

摘要

Malaysia leads the world in providing a sharia-compliant environment for savings. CIMB Mamie's Badlisyah Abdul Ghani charts the rise of Islamic finance since its founding in the country 50 years ago.rnThe Islamic finance industry tells a story of constant development and growth across the globe. Its growth has far outstripped that of conventional riba or usury (interest)-based finance over the same period. Some argue, however, that this is only because the industry has been growing from a low base by comparison with conventional financial activities.