Islamic Capital Market In Malaysia
The icm is a component of the overall capital market in malaysia.
Islamic capital market in malaysia. Malaysia currently is the largest islamic financial market in the world while indonesia is the largest muslim population country in the world. Malaysian islamic capital market. The asset value of global islamic finance market is estimated to grow by us 3 24 trillion by 2020. The evolution of the islamic capital market in malaysia.
Two asean countries that have the largest islamic financial market in the world are indonesia and malaysia. Statistics gathered from bursa malaysia on the islamic capital market. Contact us email protected audit oversight board. In 1990s 6 1990 1993 1994 1995 1996.
Statistics gathered from bursa malaysia on the islamic capital market. In the icm market transactions are carried out in ways that do not conflict with the conscience of muslims and the religion of islam. Islamic as result of the commitment and close collaboration between regulators and the islamic finance community the islamic capital market icm is a significant pillar of malaysia s well developed islamic finance industry and is widely recognised as the leading centre for innovation in shariah compliant products and services. It plays an important role in generating economic growth for the country.
Capital markets and services act 2007.