Islamic banking assets up 8.1% to RM1.3 bil at end July, says MOF. [Newspaper] (2023)
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Abstract
The total assets of Islamic banking expanded by 8.1% to RM1.29 billion as at end of July this year, accounting for 36.4% of the market share, according to the Ministry of Finance’s (MOF) 2024 Economic Outlook report.The ministry said the total Islamic financing outstanding grew by 9.1% to RM884.1 billion as at end July, which outpaced the growth trend in the conventional banking sector.The ministry also noted that the Islamic Capital Market (ICM) continues to lead Malaysia’s capital market in fundraising and investing.
| Item Type: | Newspaper |
|---|---|
| Keywords: | Islamic banking, Shariah-compliant, Sukuk, Capital market |
| Taxonomy: | By Niche > Islamic Banking > Banks and Banking > Finance By Niche > Islamic Banking > Banks and Banking > Government Policy By Niche > Islamic Banking > Banks and Banking > Religious Aspects |
| Local Content Hub: | Niche > Islamic Banking |
| Depositing User: | Ilya Nur Fateen Othman |
| Date Deposited: | 27 Oct 2023 09:18 |
| Last Modified: | 27 Oct 2023 09:18 |
| Related URLs: |
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