08 April 2019
KUALA LUMPUR, April 8 — Malaysia remains as a global leader in the Islamic capital market with RM1.88 trillion as at end-2018, representing approximately 61 per cent of Malaysia’s overall capital market, says Deputy Finance Minister Datuk Amiruddin Hamzah. “This enables greater engagement with the private sector to close the financing gap to meet the sustainable development goals .
He said last year, Bank Negara Malaysia had also issued a strategy paper on value-based intermediation, which articulated strategies to strengthen the roles and impact of Islamic banks towards a sustainable financial ecosystem.
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