Financial Services

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The Malaysian government has worked to position itself as the world’s Islamic financial centre, with Sarawak now home to a variety of Islamic financial institutions as well. The federal authorities have largely achieved this through several major steps. In 2006 the government both established the Malaysia International Islamic Financial Centre and liberalised regulations on...

How is Sarawak’s financial services sector evolving, given the state’s focus on other industries?

 

The financial services sector in Sarawak is an important and growing part of Malaysia’s financial world, with many national and international financial institutions heavily involved in the state’s development and investment programmes. From large, multinational funds to local Malaysian banks, these players have historically been drawn to the...

What are the growth prospects for Malaysia’s Islamic banking industry?

 

Small and medium-sized enterprises (SMEs) in Sarawak are on course for strong growth, as more tap into spinoff projects generated by increased investment in the state’s special economic zone, and federal and state governments urge SMEs to set up shop in Sarawak. While access to credit has been an obstacle to growth, some banks are now offering...

European quantitative easing (QE) could prove to be a catalyst for increased activity in Abu Dhabi’s bond market over the coming months, providing a welcome influx of funds.

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