(MENAFN) Malaysia and Saudi Arabia, the world"s two largest Islamic financial services markets, plan to boost cooperation ties and improve their industries, according to Arab News
Oxford Business Group (OBG), a global publishing and consultancy company producing annual investment and economic reports on more than 30 countries, said: "A cooperation agreement between the bourses of Malaysia and Saudi Arabia stands to help the industry grow at a greater clip in both countries.
Moreover, the Malaysian market is set to expand this year due to greater international interest
A report by OBG comes after an agreement between Malaysia"s central bank and the UAE in October on bolstering economic ties, including in the arena of Islamic finance services
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