SC: Fintech to be leverages as innovative solution enable in Malaysian Islamic capital market


KUALA LUMPUR: Financial technology (fintech) will be leveraged as an enabler for innovative solutions focusing on the halal economy, socially responsible investing (SRI) and Islamic social finance to further grow the Malaysian Islamic capital market (ICM), says the Securities Commission Malaysia (SC).

SC Islamic capital market development executive director Sharifatul Hanizah Said Ali said the regulator also expects greater adoption of digitisation and technology to broaden and accelerate the capacity for stakeholders to enhance the Islamic finance ecosystem.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Covered but still exposed
Auction market rising
Why some homes rot faster
Perlis Inland Port to contribute to US$30bil Malaysia-Thailand trade target
Hormuz gloom for European stocks
Asia-Pacific debt markets gain traction
Shifting to a lower gear
Sobering times for alcohol industry
Climate tech latest investment play
Oriental Kopi’s quick profit dip highlights challenges in F&B sector

Others Also Read