Date
25/05/2021
The Securities Commission Malaysia (SC) and the United Nations Capital Development Fund (UNCDF), through its Centre for Financial Health programme, today launched an innovation programme to develop a vibrant Islamic fintech innovation ecosystem in Malaysia’s Islamic capital market (ICM).
The programme, known as the FIKRA Islamic Fintech Accelerator Programme (FIKRA), kicked off today with its inaugural initiative, the first accelerator focusing on fintech for the ICM in Malaysia. FIKRA aims to identify and scale relevant and innovative Islamic fintech solutions that can help address three main challenge areas, namely, new ICM offerings, accessibility and social finance integration .
SC Chairman, Datuk Syed Zaid Albar said, “Islamic fintech in the Malaysian capital market is still at a nascent stage, but there is great potential for exponential growth with the right ecosystem. The accelerator and future initiatives under FIKRA will advance the deve
Meanwhile, Malaysia and the Philippines continued to report thousands of new
COVID-19 cases.
On May 24, Malaysia confirmed 6,509 new cases, short below
the record number of 6,976 cases announced one day earlier, together with 61
deaths. So far, the country has seen more than 500,000 infections, including 2,309 deaths.
The same day, the Philippines’ Department of Heath also reported 4,973 new
COVID-19 cases, raising the national count to more than 1.18 million.
Additional 39 deaths were also reported, pushing the country’s COVID-19 death
toll to 19,938.
The Philippines has given 4 million COVID-19 vaccine shots to locals. As of May
22, nearly 1 million out of the more than 110 million-strong population of the country had
People receive their first COVID-19 jabs (Photo: VNA)
Bangkok (VNA) - Unemployment in Thailand is likely to soar this year because of
the severe impact being felt by the third wave of COVID-19, warned the National
Economic and Social Development Council (NESDC).
Danucha Pichayanan, Secretary-General of the NESDC, said the
third wave of the pandemic is likely to be a prolonged affair and prevent the
economy from reaching its goal due to a slowdown in activity. Workers in micro, small and medium-sized enterprises (MSMEs)
might experience the most loss or have to accept reduced hours as these
businesses have been hit hard since last year. The GDP of MSMEs has contracted
KUALA LUMPUR: The Securities Commission Malaysia (SC) seeks to broaden Islamic financial technology (fintech) in the country’s capital market via its FIKRA Islamic Fintech Accelerator Programme (FIKRA).
FIKRA aims to identify and scale relevant and innovative Islamic fintech solutions that can help address three main challenge areas, namely, new Islamic capital market (ICM) offerings, accessibility and social finance integration. Islamic fintech in the Malaysian capital market is still at a nascent stage, but there is great potential for exponential growth with the right ecosystem,” chairman Datuk Syed Zaid Albar said in his speech at the launch of the programme today.
The Lao news agency (KPL) reports Vietnam s elections of deputies to the 15th Natio
nal Assembly (NA) and People s Councils at all levels for the 2021-2026 tenure (Photo: Screenshot).
Vientiane (VNA) –
Lao media have ran
articles highlighting Vietnam’s elections of
deputies to the 15th National Assembly (NA) and People s Councils at all levels
for the 2021-2026 tenure.
They stressed that Vietnam ensured democracy, security and safety for the political
event.
The Lao news agency (KPL) reported on May 24 that more than 60 million
Vietnamese voters across the country on May 23 casted their ballots to elect qualified
representatives to represent the Vietnamese people in the NA.