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.