Professor Dr. M. Kabir Hassan of the New Orleans University has in regard that a three-tier system is needed in Islamic banking to further strengthen the industry.

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Finally, Public Bank now offers islamic banking - Public Islamic Bank

Financial products in Malaysia are really getting more sophisticated. Maybank has introduced a structured deposit cum investment product. Structured investment is a form of investment that can potentially bring about higher returns compared to fixed deposits. But as we all know, risk and return always goes hand in hand. Hence, structured investment also comes with higher risks.

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Want to earn a higher returns than fixed deposits without the risk of capital loss? This Islamic savings-cum-investment plan may be what you are looking for.

Read more about CIMB Islamic Max InvestSave