Recommend Us | About Us | Back to

News | Financial Calculator | Home Financing | Archived News |


  Welcome to Bernama Banking & Finance Special Page     
Malaysia ahead of other Islamic finance markets - RAM Ratings
Last update: 12/11/2018

KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia is ahead of other Islamic finance markets in terms of progress and maturity in the development of its Islamic finance eco-system, says RAM Rating Services Bhd (RAM Ratings).

RAM Ratings said this was based on two reports it produced together with the International Shari’ah Research Academy for Islamic Finance for the Standing Committee for Economic and Commercial Cooperation of the Organisation of Islamic Cooperation.

“The market studies, which were conducted in several jurisdictions, include comprehensive engagements with regulators and market participants, who played a critical role in supporting the policy recommendations proposed in the reports,” it said in a statement today.

The first report, “The Role of Sukuk in Islamic Capital Markets” is a comprehensive analysis of the part played by Sukuk in the development of a country’s economy with comparative assessments made between matured (Malaysia) and developing markets (the United Arab Emirates, Indonesia, Turkey, Hong Kong) as well as those in their infancy (Nigeria).

Meanwhile, “The Islamic Fund Management” report reviews the development of the Islamic fund-management industry and analyses the factors required to support its sustainable growth.



Bank Muamalat fetes underprivileged and physically challenged children
Ez-Zakat Muamalat facilitates zakat obligation

Use Bank Islam SnapNPay for fast wakaf contribution

Hong Kong’s health insurance sector needs further development - AM Best
Insurance Associations to raise awareness of Perlindungan Tenang

Public Mutual launches PB Global Technology and Healthcare Fund

100 Yen3.8032/8070
Source: Bank Negara Malaysia

Reduction in the overnight policy rate (OPR) by Bank Negara Malaysia would be good for consumer spending and investment;
Not sure
  Main | News | Insurance

© 2019 BERNAMA. All Rights Reserved. Disclaimer | Privacy Policy| Security Policy
This material may not be published, broadcast, rewritten or redistributed in any form except with the prior written permission of BERNAMA.
Best viewed in Firefox 8.0 & Internet Explorer 8.0 with 1024 x 768 resolution