Deputy Finance Minister I launches RAM Holdings' book, Islamic Finance

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As part of RAM Group’s initiatives to promote the growth and development of Islamic finance, its second publication on this subject, Islamic Finance – The New Normal, was launched by Deputy Finance Minister I Dato’ Wira Othman Aziz on 12 December 2017 at the 3^rd Annual Symposium on Islamic Finance at Sasana Kijang, Bank Negara Malaysia. Islamic Finance – The New Normal highlights the evolution, challenges and market potentials of the growing Islamic finance industry; complementing RAM’s inaugural book, Sukuk Handbook, published in 2009.

This latest publication is a compilation of articles by renowned personalities from The Global University of Islamic Finance, Bank Negara Malaysia, Securities Commission Malaysia, the World Bank Global Islamic Finance Development Centre, Asian Development Bank, Islamic Development Bank and Khazanah Nasional Berhad. The content contributors also include key industry players, both domestic and international.

“The book represents a useful and comprehensive reference tool for market players, academics and students on the overall Islamic finance industry. It incorporates key technical facets and issue-driven commentaries by regulators, multilateral organisations, industry players and professionals,” highlights Tan Sri Dato’ Seri Siti Norma Yaakob, Chairman of RAM Holdings.

Comprising 10 chapters of technical analysis and thought-provoking leadership articles, the publication covers both the past and the future, including the mechanics of Islamic finance, its role in the global marketplace, the challenges and new dynamics faced, and the market’s potential. The coverage extends across several economies that include Southeast Asia, Greater China, the Middle East and the Sub-Saharan Africa region. In addition, it highlights current issues such as digital disruptors, fintech, green growth and human capital development. This publication is aimed at meeting the needs of a multitude of readers including industry stakeholders seeking to understand the new dynamics of the Islamic finance landscape.