Islamic Finance has developed into a $1 trillion global business with the dynamics to reach far more. The epicenters of this industry are in the Middle East and ASEAN, with sizeable cash flow between the two regions.
With efforts to increase Brunei's manufacturing base in the defence industry as one step to economic diversification, some market opportunities could open up for domestic players as well as foreign investors.
With major shifts in Qatar’s LNG trade ongoing, the country better sooner than later needs a solid base in Southeast Asia to cash in on the thriving economy of the ten-member ASEAN bloc. Thailand could be a viable option.