Malaysia’s Zeti on international integration of Islamic finance
International integration of Islamic finance should be facilitated by the mutual recognition of financial standards and products across jurisdictions, said Zeti Akhtar Aziz, the governor of the Bank Negara Malaysia.
Zeti said that in most jurisdictions that have Islamic financial institutions, Islamic money and capital markets remained relatively less developed. She said that as a consequence Islamic banking institutions faced the challenge in their day to day management of cash, arising from
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