In terms of halal products, BNM has long been propagating the Islamic financial system to complement itsconventional counterpart. Since the inception of Islamic Banking and takaful in 1983 and 1984 respectively, Malaysia has been established itsel as a prominent player in the global Islamic financial system. With the Financial Sector Master Plan (FSMP) being systematically implemented by BNM, it is envisaged that Malaysia will emerge as the rigional hub for Islamic finance. Financial Sector Master Plan (FSMP)Link:
www.bnm.gov.my/view.php?dbIndex=0&website_id=1&id=16