Malaysia Continues To Lead World in Sharia Finance

Malaysia Continues To Lead World in Sharia Finance
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Malaysian Innovation in Islamic Pensions

Having pioneered and led the world in modern Islamic Banking and Sukuk, Malaysia is now trend setting in the area of Islamic pensions.

Malaysia’s state pension fund (The Employees Provident Fund) will from 2017 begin offering Islamic investments to its members thereby creating the world’s largest sharia-compliant fund worth an estimated US$160 billion; Prime Minister Najib Razak said this week.

World Leader in Islamic Finance

Malaysia is home to the world’s biggest Islamic finance market and leader in expertise covering Islamic finance covering regulatory, legal, retail and investment banking. Last week the Malaysian government issued sukuk valued at $1.5 Billion, with the issuances being considerably oversubscribed and included the world’s first 30 year sukuk.