IslamicFinance.de

Despite the emphasis on ethics, and the growth of the industry at a time when women are increasingly making their mark on the corporate world, the Islamic finance sector is incredibly male-dominated. In the Gulf region, where much of the sector is concentrated, there are no female Islamic scholars acting as advisors to financial institutions, a key position in the sector. While there are a few prominent women sitting on company boards and working as CEOs in Bahrain and Kuwait, they are notable exceptions. Clearly, this is in large part a result of cultural factors. But even in the UK, progress has been slow. However, there is one country where women are seizing plenty of top leadership roles: Malaysia.