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

Alpha IVF expands in Philippines, posts record quarterly revenue of RM52.9mil
Oriental Interest calls off RM280mil acquisition deal
Total RM3.8bil financing approved to benefit about 6,800 SME accounts
Matang to review CFO suspension by Nov 9 amid internal probe
Jati Tinggi's 3Q26 net profit more than doubles to RM8mil
Asian Pac to buy Kuantan land for RM42.1mil, to develop RM281.3mil commercial project
Ringgit ends higher against greenback amid confidence in Malaysia’s economic fundamentals
CIMB Niaga posts 5.8 trillion rupiah pre-tax profit in 9M26
Titijaya Land proposes RM300mil land disposal in Penang
CTOS reports higher 3Q earnings

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read