GFIEF to help Malaysia regain positioning as top innovator in Islamic finance

RIYADH: The Global Forum of Islamic Economics and Finance , scheduled to be held in Kuala Lumpur end-May this year, will be a platform for Malaysia to recapture its positioning as a leading innovator in Islamic finance, according to Treasury secretary-general Datuk Johan Mahmood Merican.

"So we just copied the products. But now the Prime Minister feels that it is enough. Our industry has become mature and stable, and with new challenges such as technological sophistication, he now wants us to develop our own Islamic products. Bank Negara Malaysia and the Ministry of Finance will organise GFIEF at the Kuala Lumpur Convention Centre from May 28-29, 2024.

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