Islamic finance must try new innovations: Malaysia’s Razif
Islamic finance was still young and would require an environment conducive to testing the various concepts in Shari'ah law through new innovations, Mohammad Razif bin Abdul Kadir, a deputy governor of Bank Negara Malaysia, said in late January.
Speaking at the signing of a memorandum of understanding between the Malaysian and Bahraini bourses, Razif said Islamic finance had continued to become further integrated with the global financial system following the crisis. "However, as this inter
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