ID :
73600
Mon, 08/03/2009 - 19:45
Auther :
Shortlink :
https://oananews.org//node/73600
The shortlink copeid
ISLAMIC FINANCE CONSULTANTS TOLD TO DISSEMINATE SYARIAH KNOWLEDGE
KUALA LUMPUR, Aug 3 (Bernama) -- Deputy Prime Minister Muhyiddin
Yassin Monday called on local and foreign Islamic finance consultants and
advisors to spearhead the enrichment and dissemination of Syariah knowledge.
This could help strengthen Malaysia's status as an international Islamic
financial hub, he said at a luncheon before launching the Abdul Rahman Saad and
Associates (ARSA) brand here.
"I would like to witness more entities such as ARSA being able to provide
consultancy and advisory services, and spearheading and conducting applied
Syariah research in the field of Islamic finance, of which, at the moment, is
strictly confined to the takaful, banking and capital markets," he said.
Present were some 1,000 participants of the three-day IFN 2009 Issues and
Investors Forum that began Monday.
Muhyiddin said the consultants and advisors could involve themselves in
programmes such as lecture and seminar series especially in the areas of Fiqh
Muamalah.
He also called on the private sector to seize the opportunities offered by
the Islamic finance industry.
"The prospect of our Islamic financial industry looks bright with the
conducive legislative framework that we have put in place," he said.
He also said that as part of the overall economic plan, the government
intended to re-engineer the economy and make the service sector as a proactive
agent in propelling the country's economic growth.
Among the initiatives were fast track approval for foreign companies seeking
listing in Malaysia and efforts to make the local bourse more vibrant.
"We hope that Bursa Malaysia would be able to show us a continuous new
stream of sustainable trend of income from new foreign initial public offering,"
Muhyiddin said.
He also urged corporate citizens to continue to uphold and practise strong
corporate governance.
The protection of minority investors must be made clear so that they would
not be victimised by unethical corporate manoeuvres and scandals, he added.
-- BERNAMA
Yassin Monday called on local and foreign Islamic finance consultants and
advisors to spearhead the enrichment and dissemination of Syariah knowledge.
This could help strengthen Malaysia's status as an international Islamic
financial hub, he said at a luncheon before launching the Abdul Rahman Saad and
Associates (ARSA) brand here.
"I would like to witness more entities such as ARSA being able to provide
consultancy and advisory services, and spearheading and conducting applied
Syariah research in the field of Islamic finance, of which, at the moment, is
strictly confined to the takaful, banking and capital markets," he said.
Present were some 1,000 participants of the three-day IFN 2009 Issues and
Investors Forum that began Monday.
Muhyiddin said the consultants and advisors could involve themselves in
programmes such as lecture and seminar series especially in the areas of Fiqh
Muamalah.
He also called on the private sector to seize the opportunities offered by
the Islamic finance industry.
"The prospect of our Islamic financial industry looks bright with the
conducive legislative framework that we have put in place," he said.
He also said that as part of the overall economic plan, the government
intended to re-engineer the economy and make the service sector as a proactive
agent in propelling the country's economic growth.
Among the initiatives were fast track approval for foreign companies seeking
listing in Malaysia and efforts to make the local bourse more vibrant.
"We hope that Bursa Malaysia would be able to show us a continuous new
stream of sustainable trend of income from new foreign initial public offering,"
Muhyiddin said.
He also urged corporate citizens to continue to uphold and practise strong
corporate governance.
The protection of minority investors must be made clear so that they would
not be victimised by unethical corporate manoeuvres and scandals, he added.
-- BERNAMA
