An assistant governor at Bank Negara Malaysia stressed Islamic finance is not just for the Muslim community during a speech on January 14. But he said small firms were not taking advantage of the opportunity.
“A recent survey we did revealed that almost 60% of [small and medium-sized enterprises] were not aware of the availability of Islamic business financing facilities. Indeed, most SMEs adopted conventional financing,” Adnan Zaylani Mohamad Zahid said.
In Malaysia, Islamic banking assets