• Gov�t aims to speed up opening of Islamic financial market
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  • The central bank today said it plans to speed up the opening of the Islamic banking sector under a financial blueprint to make the country a regional Islamic financial hub.

    Bank Negara governor Zeti Akhtar Aziz said new Islamic bank licenses would be issued to foreign players sooner than planned under the Financial Sector Masterplan unveiled two years ago but did not give a time frame.

    • Central bank predicts surge in Islamic banking
    • Malaysia steps closer to becoming Islamic banking hub
    • Muslim countries sign pact to boost Islamic banking
    • Growing Islamic bonds
    • Three-phased liberalisation