Malaysia’s Mohd Razif on strengthening Islamic finance
The Commodity Murabahah House will further enhance Malaysia's ability to serve as a global hub for Islamic finance, said Mohd Razif bin Abd Kadir, a deputy governor of Bank Negara Malaysia. Murabahah is a Shariah-compliant sale.
Mohd Razif said the house would support the development of a strong network with other financial centres and increase interlinkages. He said the house could play a significant role by facilitating capital and liquidity flows from one financial centre to the other. He
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