Need to build up confidence to promote Islamic finance globally

Even though Islamic finance has been thriving in Malaysia, a country with one of the most established and regulated Islamic finance frameworks, it is hardly present on the global Islamic finance market. Moreover, the majority of local banks tako part in neither the global syndication market nor the sukuk market. Therefore, confidence has to be built up in order for Malaysian banks to stop peceiving themselves as inferior to other syariah-compliant frameworks.

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