Islamic banks are not so different from their conventional counterparts, and this needs to be addressed, finds research from The International Centre for Education in Islamic Finance.
The International Centre for Education in Islamic Finance pits the performance of socially responsible funds against sharia-compliant peers and unearths some interesting findings.
The development of the Islamic Capital Market has been strengthened in Malaysia in recent years, but the industry still faces challenges and needs to define its future strategy.
The country risks losing Islamic finance business to Hong Kong and Singapore and needs to do more to retain it in areas such as private banking, argues Professor Shamsher Mohamad of INCEIF.