In the budget speech, the Government had announced the introduction of Islamic Banking in Malta. A year has nearly passed but there has been no word from Government about this initiative. In the wake of the terrorist attacks in Tunisia, Somalia, Kuwait and France, does our Government still intend to introduce this sort of financing? Does it still see it as beneficial or is it now perceived as a threat? Without any doubt the introduction of Islamic Banking will be a challenge to our young democracy.
Alfalah Consulting - Kuala Lumpur: www.alfalahconsulting.com
Islamic Investment Malaysia: www.islamic-invest-malaysia.com