Soft-spoken Badlisyah Abdul Ghani is head of CIMB Islamic - a unit of CIMB Bhd., Malaysia's largest investment bank. He is the point man for developing Shariah-compliant products. This is an Islamic law, which prohibits paying or receiving interest and bans investments in tobacco, alcohol or gambling businesses. Here he explains how Malaysia has come to forefront of the industry.
What Islamic finance products do you have
Ghani Well CIMB is an investment bank, so typically we sell investment banking products that are Shariah compliant. This basically embraces bonds and corporate fundraising, but we also have some retail products for high net-worth individuals in the form...
