Islamic Finance Practioners Should Explore JV In Private Equity Asset Management

Datuk Seri Ahmad Husni Hanadzlah, Second Finance Minister, stated that Islamic finance practitioners should explore joint ventures and synergistic collaboration with formed global brands in private equity and asset management industries.
Furthermore, his oppinion is that this would be the most efficient way to evolve as local players have significant value proposition to develop such alliances attractive to their foreign counterparts.
Private equity, worldwide, has raised US$184 billion via Islamic financing, until this point.