Speaking at the World Islamic Economic Forum Roundtable, an event co-hosted by the Alliance Forum Foundation and the World Islamic Economic Forum, Datuk Seri Najib Razak, the Prime Minister of Malaysia, urged Japan to engage in activities related to Islamic finance in partnership with Malaysia. He opined that the combination of Japan’s industrial technology and Malaysia’s finance expertise would give rise to the most powerful alliance in East and Southeast Asia.
This obviously raises a few questions:
Why would Japan need to comply with Shariah when it already has become such a hugely successful industrial and technology giant?
Since when is Malaysia such a master of financial expertise, especially as compared to a few other Asia-Pacific nations, such as Japan itself?
If Shariah finance is so attractive, why does it constantly require the intervention of government to promote it?