Malaysia leads global Islamic economy for eighth year 14 Apr 2021 / 21:54 H.
MALAYSIA continues to forge the way ahead in Islamic economy and finance, leading the way for the eighth consecutive year based on the ranking by the Global Islamic Economy Indicator.
Its burgeoning Islamic FinTech and economy sectors continue to flourish, with the aid of the government and the continuous push by the Malaysia Digital Economy Corporation (MDEC) to expand the digitalisation of the economy and aggressive creation of a conducive ecosystem, for which it can thrive on.
For years, the Malaysian government has identified Islamic finance and Islamic digital economy as key economic growth activities to achieve and maintain its position as a global Islamic fintech hub.