Bank Muamalat to issue 'more ethical' products

The products Bank Muamalat is planning to launch are intended to be competitive not only in terms of returns, but also in terms of corporate social responsibility. The bank wants to concentrate on products it can channel towards corporate social responsibility, what they call ethical banking. The reason therefor is that Islamic banking is pereived to be ethical banking in its core and Bank Muamalat believs there is a market for such products.

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