(MENAFN) International Islamic banking assets of Malaysia are seen growing to over USD390 billion by 2018 from the 2012 figure of USD125 billion, Saudi Gazette reported
Ernst & Young Malaysia's Country Managing Partner and Islamic Finance Leader said that the liberalization of the financial sector in the country is creating more opportunities for partnerships with foreign banks
He said: "Malaysia is considered one of the key reference centers and is expected to provide leadership for the next phase of the industry's progress.
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