International Finance

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Islamic Banking

Overhaul of Malaysian Islamic Finance Laws Protects Depositors

The regulations could also spur takeovers in the Islamic insurance sector through capital base provisions that encourage larger participants. 17th July 2013 New laws governing Malaysia’s Islamic Finance Sector will boost protection for depositors by making religious leaders more legally accountable for financial products, and liable to heavier fines including prison sentence for wrongdoing. The...
Islamic Banking

Overhaul of Malaysian Islamic Finance Laws Protects Depositors

The regulations could also spur takeovers in the Islamic insurance sector through capital base provisions that encourage larger participants. 17th July 2013 New laws governing Malaysia’s Islamic Finance Sector will boost protection for depositors by making religious leaders more legally accountable for financial products, and liable to heavier fines including prison sentence for wrongdoing. The...