GLOBAL: Compared to their conventional peers, Islamic financial institutions are still lagging behind in marketing, especially when it comes to product development, according to a survey by MTI Consulting. According to the survey, 55% of the respondents said product development in Islamic finance, has not gone beyond the ‘Islamization’ of conventional products. This problem is compounded by the fact that 57% of the respondents are in agreement that product development is not supported by consumer research, according to MTI Consulting....