And this, he said in Parliament on Monday, April 22, will happen very soon.
“This illustrates that the setting up of the IILM in 2010 as a government ‘frontier’ to develop Malaysia’s Islamic finance sector at the international level was the correct step towards making Kuala Lumpur the best global Islamic finance hub.” Mr. Amiruddin said that Bank Negara Malaysia had been appointed the arranger and manager of sovereign Sukuk issuance of countries like Turkey and Hong Kong showing that Malaysia has gained recognition as one of the top Islamic finance hubs in the world.
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