“If the merger goes through, it may be the starting point for banks to seriously look beyond Malaysia because it makes no sense for them to compete with smaller banks [here],” Datuk Dr Mohd Daud Bakar, group chairman of Amanie Advisors told The Edge Financial Daily in an interview.
“It will be very much a catalyst for global Islamic finance and banking from Malaysia. We are hopeful that it will be the reality in the near future,” said Mohd Daud, who is also president of the International Institute of Islamic Finance.
ISLAMIC banks have the potential to extend their role from credit intermediation to the investment front where alternative modes of risk-sharing contracts can be offered.
“In performing investment intermediation, Islamic banking institutions not only strengthen further the linkage of finance and real economic activities, but also contribute towards more inclusive and more balanced growth,” said Bank Negara Malaysia governor Tan Sri Dr Zeti Akhtar Aziz.
KUALA LUMPUR: The Kuala Lumpur Islamic Finance Forum 2014 (KLIFF 2014) is scheduled to be held on Nov 10-13 at Hotel Istana, with the theme, "Positioning and Repositioning for Sustainable Globalised Market".
KLIFF is the most prominent event held annually by the Centre for Research and Training (CERT), in collaboration with the Association Islamic Banking Institutions Malaysia (AIBIM), Amanie Advisors and Messrs. Hisham, Sobri & Kadir.
KUALA LUMPUR 2 Sept. - Sektor kewangan Islam yang semakin berkembang dewasa ini dilihat masih belum mencapai tahap yang diingini kerana masih kurang produk-produk yang mesra kepada pengguna.
Presiden dan Ketua Pegawai Eksekutif Pusat Pendidikan Antarabangsa Kewangan Islam (INCEIF), Daud Vicary Abdullah berkata, kewangan Islam ketika ini hanya popular disebabkan penerbitan sukuk semata-mata yang sukar difahami oleh pengguna persendirian.
AMANIE ACADEMY SDN BHD Level 33, Menara Binjai, No 2, Jalan Binjai, Off Jalan Ampang, 50450 Kuala Lumpur, Malaysia Phone: + 603 2181 2156 Fax: + 603 21818448 www.amanieacademy.com
“If the merger goes through, it may be the starting point for banks to seriously look beyond Malaysia because it makes no sense for them to compete with smaller banks [here],” Datuk Dr Mohd Daud Bakar, group chairman of Amanie Advisors told The Edge Financial Daily in an interview. 
ISLAMIC banks have the potential to extend their role from credit intermediation to the investment front where alternative modes of risk-sharing contracts can be offered.
KUALA LUMPUR: The Kuala Lumpur Islamic Finance Forum 2014 (KLIFF 2014) is scheduled to be held on Nov 10-13 at Hotel Istana, with the theme, "Positioning and Repositioning for Sustainable Globalised Market".
KUALA LUMPUR 2 Sept. - Sektor kewangan Islam yang semakin berkembang dewasa ini dilihat masih belum mencapai tahap yang diingini kerana masih kurang produk-produk yang mesra kepada pengguna.