IslamicFinance.de

Malaysia was invited by Sudan in order to provide support in the country's efforts to set up Islamic banks on their territory. It shall help Sudan to facilitate trade and to ease investment financing between both countries. This move is considered as a sign of recognition of Malaysia as Islamic financial centre.

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.

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.

The two-day Third Islamic Venture Capital and Private Equity Conference beginning Tuesday would act as a platform for venture capitalists and private equity investors to keep them updated with global market trends and Islamic alternative investments in the region.
This year's conference would focus on ways to develop a sustainable Islamic venture capital and private equity industry as well as analyse the vast opportunities ahead.
The conference will be opened by Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah.