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RHB Bank, Bank Mandiri plan Islamic funds

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The race to tap an US$11.5 trillion pool of wealth held by Muslim individuals, institutions and governments is intensifying.

Kuala Lumpur

THE race to tap an US$11.5 trillion pool of wealth held by Muslim individuals, institutions and governments is intensifying.

The asset management units of Malaysia's RHB Bank Bhd and Indonesia's PT Bank Mandiri plan new Islamic funds, expanding an industry that's