null Moody's expects Malaysia's strong Islamic finance growth to continue for next 12 to 18 months
Moody's expects Malaysia's strong Islamic finance growth to continue for next 12 to 18 months
18 May 2023 | Thursday Source: The Star
Moody’s Investors Service (Moody’s) expects strong Islamic finance growth in Malaysia to continue over the next 12 to 18 months supported by more government initiatives and digital banking.
Financial institutions group analyst Chong Jun Wong said similar to other key Islamic markets, the growth of Islamic banks in Malaysia has actually outpaced the growth of their conventional peers in recent years.