IslamicFinance.de

It seems that the Islamic capital market will maintain its growth momentum over the next decade. Its next phase of growth will be differentiated primarily by greater internationalization, which will help address some of the challenges faced by the industry and will offer Malaysia the opportunity to strengthen its position as a hub for Islamic capital market activities. This is the foresight of the Securities Commission of Malaysia, the securities regulator.
Greater internationalization of Islamic capital market will present itself in a number of key areas including product and service development; the provision of legal, Shariah and other advisory and intermediation services; a movement toward Shariah-based products as opposed to Shariah-compliant products; the channeling of savings into investments that create real businesses and jobs; and greater product distribution channels across borders and jurisdictions.