Thursday, July 05, 2007

Islamic banking in Malaysia, home finance in New Zealand, Bloomberg TV on Islamic finance

Islamic banking has over 12% of the banking market and takaful has 6% of the insurance market in Malaysia.

"The [Islamic banking] industry has reached a point where, in some product areas, it can provide a credible alternative to traditional banking products" according to a report by Financial Insights.

Bloomberg television will have a show with a focus on Islamic finance this weekend.

Islamic home finance becoming possible in New Zealand.

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