Bank Negara governor calls for concerted efforts to elevate role of Islamic finance

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Bank Negara governor calls for concerted efforts to elevate role of Islamic finance
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KUALA LUMPUR: Malaysia must make concerted efforts to elevate the role of Islamic finance in achieving sustainable economic growth and social justice....

Abdul Rasheed speaking at the Kuala Lumpur Islamic Finance Forum 2024 in Kuala Lumpur today.– BernamapicMalaysia must make concerted efforts to elevate the role of Islamic finance in achieving sustainable economic growth and social justice.

“All of us must contribute towards a more sustainable and ethical financial ecosystem by fostering Islamic financial practices and solutions that adhere to the fundamental principles of fairness, transparency and inclusivity. He said Islamic finance now stands on a solid foundation, having gained great traction domestically and globally in recent decades.

“Malaysia is also home to the world’s largest sukuk market, accounting for 42% of the global outstanding sukuk,” he said.

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