Malaysia remains leading Islamic capital market, says deputy finance minister | Malay Mail

08 April 2019

KUALA LUMPUR, April 8 — Malaysia remains as a global leader in the Islamic capital market with RM1.88 trillion as at end-2018, representing approximately 61 per cent of Malaysia’s overall capital market, says Deputy Finance Minister Datuk Amiruddin Hamzah. “This enables greater engagement with the private sector to close the financing gap to meet the sustainable development goals .

He said last year, Bank Negara Malaysia had also issued a strategy paper on value-based intermediation, which articulated strategies to strengthen the roles and impact of Islamic banks towards a sustainable financial ecosystem.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Finance stocks drag Bursa Malaysia lower at close | Malay MailKUALA LUMPUR, April 1 — It was no laughing matter that financial stocks lost 231.76 points or 1.37 per cent in trading on April Fool’s Day today, dragging Bursa Malaysia to close lower and bucking the regional trend, a dealer said. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended at... bearish bearish
Source: malaymail - 🏆 1. / 86 Read more »

Finance minister: RM19.6b supplementary budget won’t affect govt’s fiscal target | Malay MailKUALA LUMPUR, April 2 — Finance Minister Lim Guan Eng today said the supplementary budget of RM19.6 billion will not affect the government’s fiscal target of 3.7 per cent for 2018 as it was part of the real expenditure for the year. When tabling the second reading of the Supplementary...
Source: malaymail - 🏆 1. / 86 Read more »