Malaysia is one of the major trade partners for Kuwait;[2] bilateral trade had jumped from U$79.3 in 1996 to U$507 million in 2006.[3] Currently,[when?] Kuwait Finance House which is considered as the largest Islamic bank on the Persian Gulf also has started operating in Malaysia since 2008.[4] Several agreements such as avoidance of tax were signed,[5] and both countries are currently[when?] looking any possibilities to work together on other areas such education, tourism and the halal industry.[6] In 2013, Kuwait and Malaysia agreed to boost bilateral co-operation in education.[7]
