M&A LEAGUE TABLES - M&A shows face in Islamic finance
Conventional banks are being converted to the huge potential of shariah-compliant services and products. Consolidation in underway in the banking industry, while Malaysia is seeking to position itself as the hub for Islamic financial services in Asia, writes mergermarket.
With demand for Islamic banking and financial products on the rise, many conventional banks and financial institutions are converting and adhering to shariah (Islamic law), or are operating what is termed Islamic windows, while others go down the mergers and acquisitions (M&A) route.
Banks and financial institutions around the
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