• Banks fear tough competition with Islamic financial liberalisation
  • 1078200008

  • Malaysian Islamic banks are in for tough times with the planned issuance of three new Islamic banking licences to foreign banks this year as part of financial liberalisation, a top bank official warned today.

    • Malaysia steps closer to becoming Islamic banking hub
    • Muslim countries sign pact to boost Islamic banking
    • Gov�t aims to speed up opening of Islamic financial market
    • Foreign players to get three Islamic banking licences
    • No plans to fast-track liberalisation of financial industry
    • Bank Islam: 'Need to restrategise'
    • They risk being gobbled up