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CSR Malaysia

Sunday
May 18th
Home arrow Social Investment arrow Islamic Finance can withstand global stress
Islamic Finance can withstand global stress Print E-mail
Saturday, 23 February 2008
The Central Bank of Malaysia's Governor, Tan Sri Dr. Zeti Akhtar Aziz stated that although the Islamic finance industry faces challenges from international market turmoil, Malaysia's past experience points to its resilience to stress in global markets.
The speech was delivered during an Islamic finance symposium held in Tokyo on Saturday. The Star reported that Zeti was also responding to a remark by Bank of Japan (BoJ) governor Toshihiko Fukui who told the same seminar that the rapidly growing modern Islamic finance industry had not been fully tested by serious stress in the international markets.

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