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SC partners IsDB to advance Islamic Capital Market, Social Finance

Securities Commission Malaysia Partners IsDB To Advance Islamic Capital Market, Social Finance

Securities Commission Malaysia Partners IsDB To Advance Islamic Capital Market, Social Finance
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SC partners IsDB to advance Islamic capital market, social finance

RIYADH: The Securities Commission Malaysia (SC) today signed a Memorandum of Understanding (MoU) with the Islamic Development Bank (IsDB) Group, paving the way for greater cooperation in Islamic capital market (ICM) and broadening the reach of Islamic fintech and social finance, particularly waqf.

Strengthening the Islamic capital market

The newly launched principles-based Maqasid al-syariah guidance for the Islamic Capital Market (ICM) is set to unlock and strengthen the full potential of the ICM in Malaysia, thus solidifying the country’s position as the leader in the global Islamic economy.

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