Prime Minister Datuk Seri Anwar Ibrahim delivers his keynote address during the Global Forum on Islamic Economics and Finance at the KL Convention Centre in Kuala Lumpur May 28, 2024. — Picture by Shafwan ZaidonKUALA LUMPUR, May 28 ― Malaysia plans to implement government-to-government facilitation leveraging on Islamic trade finance for economic cooperation among the Organisation of Islamic Cooperation countries.
“Considering that the global size of the Islamic trade finance today represents only less than five per cent of the approximate total trade finance activities by OIC member countries, I call on OIC leaders to ‘up the ante’ and facilitate cross-border access to beef up innovation, trade and investments,” he said when launching the Global Forum on Islamic Economics and Finance here today.
Prime minister said the programme aims to cultivate a cadre of dynamic and highly skilled economists equipped with the right knowledge and expertise in Islamic economics to ideate solutions that address contemporary global challenges.“It is a multi-track programme offering executive education, applied research and working internship for participants to gain professional experience,” he said.
These include removing structural barriers, improving infrastructure, enhancing trade practices and fostering good governance in reducing economic disparities.
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