Bank Negara, SC beefing up Islamic banking, finance - PM

Bank Negara and the Securities Commission (SC) have been taking steps to ensure the sustainability and effectiveness of the Islamic finance system by raising the standards to not only halal, but also ‘halalan thoyyiban’ (lawful and good).

Prime Minister Anwar Ibrahim said Bank Negara and the SC have charted the course towards halalan thoyyiban via the Malaysia International Islamic Financial Centre through collaborations with...