Malaysia's Islamic finance to remain stable


(MENAFN) Though global and local economies suffer instability, Malaysia's domestic Islamic finance is expected to remain unchanged this year, according to QNA



Short-term impact on the local currency is not expected to have a real influence on Islamic finance growth, said CIMB Islamic Bank Berhad Chief Executive Officer and Executive Director



Badlisyah Abdul Ghani said: "If the currency is strong, Islamic finance will continue with it and if the currency is slightly weaker, it will still be done. Islamic finance will continue to grow very well in Malaysia, it has grown positively over the last few years and will continue to do so until 2020 and beyond.


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