LEADING THE WAY IN ISLAMIC FINANCE

Notably, 25% of investors had made the switch from conventional to Islamic financing since 2021, says Capsphere founder and chief executive officer Jun Jie Yoon.

MALAYSIA stands tall as a leader in the Islamic capital market (ICM), boasting impressive assets under management (AUM) and a steady stream of sukuk issuances – making it the world’s third-largest Islamic finance assets market.

The Malaysian ICM remains strong, totalling RM2.32tril at the end of December 2022 compared to RM2.31tril from the year before, according to an annual report by the Securities Commission (SC).