Zeti: Assess impact of Islamic finance

Prestigious award: Sultan of Perak Sultan Nazrin Muizzuddin Shah presenting the Royal Award for Islamic Finance to former Bank Negara governor Tan Sri Dr Zeti Akthar Aziz in conjunction with the Global Islamic Finance Forum 2018. With them are Securities Commission chairman Tan Sri Ranjit Ajit Singh (second from right) and the Royal Award Jury chairman Tun Musa Hitam. — Bernama See page 5

KUALA LUMPUR: A framework to evaluate the impact of Islamic finance on the economy should be the next agenda in shaping its development, said former Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz.

She said the proposed future finance should be both value adding and value-based, whereby value adding would reflect in the contribution in facilitating and supporting economic activity, while value-based could be seen in how it benefits the society.