This book continues to track the Islamic banking and finance developments in South East Asia, paying particular attention to new market developments, new products, new government interest/initiatives. The initial wait-and-see attitude has given way to applying banking and financial tools as countries realize the advantages and functionality of an Islamic banking system. This book will reveal the growing interest from predominantly non-Muslim countries as they embark on developing an Islamic banking system, which will prove to be more than a worthy competitor to established conventional banking system.The book will provide an update to the author's first book - "Islamic Banking and Finance in Southeast Asia - Its Development and Future" which was just an introduction on Islamic banking and finance with interest coming mostly from countries which are mostly inhabited by Muslims. As well as adding new chapters on Thailand, Pakistan with possible reference to India, China and Japan will be added while, this book will also include hard statistics proving the fast-growing trend of Islamic banking and finance to be more than a passing interest.
Countries and regions with an established Islamic banking structure such as Malaysia and the Middle East are drawing investors from all kinds of faith.