BNM: Islamic finance plugs gap for long-term sustainability, inclusive growth

Bank Negara deputy governor Datuk Shaik Abdul Rasheed Abdul Ghaffour

KUALA LUMPUR: Islamic finance has a major role in plugging the gap between long-term sustainability and inclusive growth with the 17 sustainability development goals (SDGs) as a guiding compass.

Bank Negara Malaysia (BNM) deputy governor Datuk Shaik Abdul Rasheed Abdul Ghaffour said most of the SDGs were aligned with the objectives of Shariah or Maqasid Shariah, making Islamic finance naturally advance and spearhead sustainability goals.