Monday, November 13, 2006

Malaysian private equity, RHB Islamic & Dallah al-Baraka

Private equity in Malaysia

"Minister: Tremendous opportunities from Islamic private investments", The Star, November 13, 2006

The minister, Datu Seri Mohd Effendi Norwawi highlighted the growth in investment opportunities for private equity. The deepening of the Islamic capital market could be achieved by increasing the use of Islamic private equity and venture capital funds.

Foreign firms in Malaysian

"RHB Islamic says Dallah talks ended", The Edge Daily, November 13, 2006

The talks between Malaysia-based RHB Islamic Bank Bhd and Saudi-based Dallah al-Baraka group have ended despite the Malaysian government's efforts to encourage GCC region cooperation with Malaysian Islamic financial firms. The government has been working recently to encourage foreign Islamic banks to enter the Malaysian market in order to help Malaysia become a worldwide hub of Islamic finance.

1 comment:

oli said...

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