Islamic financial industry is based on the principle of Islam and it will be trying to advocate all the philosophies of Islam by elimination of the interest and risk sharing which are highly important at the time of the financial collapse because the negative externalities are completely eliminated and two parties who are parties to the contract are only made risk bearers and there will be no concept of interest so there are very low chances related to overall financial collapse and Malaysian economy which is based upon Islamic finance industry can capitalise upon it as it can use various types of development in respect to technology and it will be trying to increase the branches and it will trying to lower the cost will maximize the rate of return for various investors who are investing into these sectors.

There are various challenges related to it and they need to be addressed properly because there are various opportunities which are related to maximization and rate of growth of Islamic finance all across the Malaysia as well as it can expand to other countries as well so there has been a chance is related to expansion of the Islamic banking across islamic country and other country so it can be said that they need to be proper efficiency of management of the funds and foreign direct flow should also be allowed as well as they should be liberalization and there should be proper facilitation of the debt financing which is also known as Sukuk, so there would be adequate financing which are alternative to the commercial banking and it will help in maximization of the Islamic finance industry.