IslamicFinance.de

LOCAL financial institutions have been urged to widen their product and services offerings in Islamic finance to command greater premiums at home and abroad.
Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah said the local institutions have a duty to champion the nation's cause to take the Islamic finance industry to its highest possible level.
He also urged the domestic players to capitalise on the country's established brand name in the field of Islamic finance.
He noted that the capabilities of institutions such as Tabung Haji - one of the world's first Islamic fund management institutions - must be expanded by partnering with foreign brand names, if need be.