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Securities Commission Malaysia And Halal Development Corporation Co-Host Inaugural Forum On Shariah-Compliant Fundraising For MSMEs

Date 05/08/2021 The Securities Commission Malaysia (SC) and Halal Development Corporation Berhad (HDC) today jointly hosted the inaugural SC-HDC Forum 2021, themed ‘Enabling Growth through the Islamic Capital Market’.     The two-day forum aims to raise awareness on Shariah-compliant market-based fundraising for micro, small, and medium enterprises (MSMEs), especially those in the Halal economy. Such market-based fundraising opportunities via equity crowdfunding (ECF) and peer-to-peer financing (P2P financing) platform operators, provide MSMEs with an alternative and viable option for Shariah-compliant financing.   “We are anticipating greater interest and participation from MSMEs in the Islamic capital market, given the robust framework and facilitative ecosystem for Shariah-compliant fundraising activities,” said Datuk Syed Zaid Albar, Chairman of the SC. “This is part of the SC’s continuous efforts to spur the development of the Islamic capital market, wh

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