Maybank Islamic to grow trade financing biz
KUALA LUMPUR (April 6): Malaysian Islamic banks are boosting their trade financing market share with various measures.
Maybank Islamic Bhd Chief Executive Officer Datuk, Mohamed Rafique Merican, said the bank intended to grow its trade facilities in line with growing demand for Islamic finance in Malaysia and the ASEAN region as well as the phenomenal growth of global halal industry.
To-date, Maybank Islamic has about one-third share in terms of trade facilities done under Islamic banks, he said.
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