For more than four decades, Malaysia has built one of the world's most successful non-interest finance ecosystems, transforming Islamic finance from a niche offering into a major pillar of its national economy. Today, Ghanaian financial regulators are looking to that success story as they prepare to deepen the implementation of non-interest banking, insurance and capital market products at home. A delegation of regulators and financial sector professionals from Ghana is currently participating in an intensive training programme at the International Islamic University Malaysia (IIUM), organised by the Islamic Finance Research Institute of Ghana (IFRIG). The programme comes at a critical time as Ghana moves to operationalise new non-interest finance guidelines across the banking, capital markets and insurance sectors.
