Sharia Resolutions of Islamic Finance of Bank Negara Malaysia The enactment of the Islamic Banking Act of 1983 and the establishment of the country’s first Islamic Bank, Bank Islam Malaysia, has been instrumental in the development of Malaysia into the world’s most mature Islamic Finance market. This maturity has allowed Malaysia to become a leader in the development of standards for Islamic Finan... »

In view of the growing sophistication of Islamic capital markets in Malaysia, the Securities Commission has revised the Shariah screening methodology. »