Sharia swap

Malaysia

Malaysia's central bank governor has called for greater diversity and maturity in Islamic financial instruments. Speaking at a one-day seminar at Bank Negara Malaysia's Kuala Lumpur headquarters, Zeti Aziz said this was one area of Islamic finance "that offers formidable challenges and opportunities. A broader range of products and services is vital in this fast-changing global financial landscape," she said, highlighting the few Islamic financial instruments available in today's market.

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