More syariah-compliant investors expected to hit local shores
Aspiring Islamic finance centres like Singapore and Malaysia may see an inflow of funds in search of Islamic banking alternatives.
Analysts said the recent turmoil in the Middle East has made some syariah-compliant investors to pull their money out of that region. They also think that Islamic finance has huge potential to appeal to non-Muslim investors as well. They believe that Islamic finance can be demystified and better understood with more investor education.