Malaysia: An Islamic finance powerhouse

"The wide range of tax exemptions across the Islamic finance spectrum would further establish Malaysia as a key Islamic finance centre."

Dato' Johan Raslan, Executive Chairman

Islamic banking and finance has become a force to be reckoned with in the global economic scenario. It often forms part of the equation in international finance, whether at a government-to-government or the private sector levels. Its significance has grown over the years and is now present in over 60 countries.

Over the next decade, Malaysia's continued and resolute focus in developing leading edge services and products, robust regulatory infrastructure with strong global integration and skilled talent in managing and innovating Shariah compliant products, will see the Malaysian Islamic financial sector further strengthen its position as a key international Islamic finance powerhouse.

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