Others News > Islamic Finance News > Merging Halal. Islamic Finance Industries Will Enhance Malaysia’s position

 [Bernama] The initiative to merge the halal sector comprising halal food, products and services with Islamic finance industry will further entrench Malaysia’s leading position in the global halal industry, said Tun Abdullah Ahmad Badawi. He said the syariah-based trillion dollar industries were growing between 15-20 pct annually, with each complementing the other perfectly. Malaysia’s innovation in Islamic finance has resulted in a comprehensive environment that is rich in diversity with vibrant financial institutions and continuous product innovation and marker activity.