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Malaysia maps out plan to pull in more Muslim wealth

Goal is to create Shariah finance hub for world's growing Islamic population

The Pew Research Center projects Muslims will make up 26% of the global population in 2030, up from 23% in 2010.

KUALA LUMPUR -- Malaysia has introduced a new five-year financial plan designed to draw more of the Muslim world's growing wealth away from conventional banks.

The Islamic Fund and Wealth Management Blueprint aims to leverage the Southeast Asian country's well-established Islamic market infrastructure to strengthen its position as a hub for Shariah-compliant sustainable and responsible investment, or SRI, funds.

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