• Middle East funds eyed with entry of Islamic foreign banks
  • Eileen Ng
  • 1093386001

  • The central bank today said that issuing new Islamic banking licenses to foreign players this year would enable Malaysia to tap funds in the Middle East and become a key Islamic financial hub.

    • Nor Yakcop: Islamic banking growth will not hamper bank mergers
    • Islamic banking licences for all banks
    • Bank Negara awards Islamic banking licence to Kuwait Finance House
    • Banks fear tough competition with Islamic financial liberalisation
    • No plans to fast-track liberalisation of financial industry
    • Foreign players to get three Islamic banking licences
    • CIMB ties-up with Saudi group to tap Islamic market
    • Gov�t aims to speed up opening of Islamic financial market
    • Central bank predicts surge in Islamic banking
    • Will facilitate international trade
    • Maybank to expand Islamic operations