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Boosting Islamic finance

21 Aug 2023 | Monday Source: New Straits Times

Malaysia, once a thriving hub of Islamic finance, has played a pivotal role in shaping the global financial landscape through the evolution of the Islamic finance industry.

With US$650 billion (RM2.95 trillion) in Islamic banking assets, it stands as the third-largest country in this domain after Iran and Saudi Arabia, according to the Islamic Finance Development Indicator.

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