Coming soon? A Shariah-Compliant Megabank?
On October 29, 2014 · In CIMB, Islamic Banking, Islamic Finance, Malaysia, Shariah Boards, Shariah Finance
The Prime Minister of Malaysia backs the creation of a global Islamic megabuck to promote Shariah… Prime Minister Datuk Seri Najib Razak said yesterday that he backed the idea of creating a large stand-alone Islamic bank, in order to develop a global footprint for Islamic finance and position it as an alternative to conventional banking. […]
Standard Chartered Plc will start Islamic private banking services in Asia and CIMB Group Holdings Bhd. plans to roll out new products for the wealthy as they target rich Muslims in Asia… http://gulfnews.com/business/banking/banks-plan-shariah-assets-for-asian-millionaires-1.1049062
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