Islamic wealth management industry set to evolve with changing market trends -- SC

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KUALA LUMPUR: The Islamic wealth management industry is poised to continue evolving in response to changing market needs and emerging trends, said Sec...

: The Islamic wealth management industry is poised to continue evolving in response to changing market needs and emerging trends, said Securities Commission Malaysia executive chairman Datuk Seri Dr Awang Adek Hussin.

“By embracing digital solutions, practitioners can stay ahead of the curve and deliver greater value to their clients,” he said in his keynote address at the 11th Malaysian Financial Planning Council conference on shariah wealth management and financial planning, here today. This includes the Islamic Wealth Management Blueprint introduced in 2017, which outlines three strategic thrusts: strengthening Malaysia’s position as a global hub for Islamic finance, establishing the country as a regional centre for shariah-compliant sustainable and responsible investment and developing it as an international provider of Islamic wealth management services.

He noted that these efforts have significantly broadened the scope and sophistication of shariah-compliant investment products and services available in the market.

 

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