Breadcrumb

Asset Publisher

null Strong demand for Islamic banking products

news

Strong demand for Islamic banking products

5 May 2023 | Friday Source: The Star

The Islamic banking industry in South-East Asia is expected to expand by 8% over the next few years underpinned by a robust demand for Islamic products and services as well as low penetration rate particularly in Indonesia.

S&P Global Ratings said the projection was made despite the economic slowdown seen in major markets including Malaysia and Indonesia.

Read more here