The Securities Commission Malaysia (SC) seeks to broaden Islamic financial technology (fintech) in the country’s capital market via its FIKRA Islamic Fintech Accelerator Programme (FIKRA).
The Securities Commission Malaysia (SC) seeks to broaden Islamic financial technology (fintech) (Photo: )
Kuala Lumpur (VNA) - The Securities Commission Malaysia (SC) seeks tobroaden Islamic financial technology (fintech) in the country’s capital marketvia its FIKRA Islamic Fintech Accelerator Programme (FIKRA).
Addressing a ceremony to launch FIKRA on May 25, SC Chairman Datuk Syed Zaid Albar said Islamicfintech in the Malaysian capital market is still at a nascent stage, but thereis great potential for exponential growth with the right ecosystem.
FIKRA is a collaboration between the SC and the United Nations CapitalDevelopment Fund (UNCDF).
It aims to identify andscale relevant Islamic fintech solutions that can help address three mainchallenge areas, namely new Islamic capitalmarkets (ICM) offerings, accessibility and social finance integration.
With global Islamic financeassets projected to grow to close to 4 trillion USD in 2024, the use of digitaltechnology will be key for Islamic nations to enhance their potential, Syed Zaid said./.
Association of Islamic Banking and Financial Institutions Malaysia (AIBIM) has pledged support for customers who are affected by the COVID-19 pandemic, and facing difficulties in debt payment.
Malaysia has decided to tighten COVID-19 prevention and control measures to prevent rising unemployment instead of reintroducing full lockdown like last year.
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Investigators believe the operation is part of a broader scam network involving romance scams, where victims are lured into fake relationships and persuaded to transfer money.
Ambassadors, Consuls General, along with staff and their families, joined traditional sports and cultural activities of Southeast Asia and performances bearing regional identity, thus contributing to strengthening unity and the ASEAN community spirit in New York.
In his post on social media the same day, Hun Manet said energy companies would be able to import sufficiently from other sources to meet domestic fuel and gas demands in the country.
The forum, which involves global experts and creative leaders from across 14 cultural sectors, aims to expand Thailand’s presence on the world stage through innovation and cultural exchange.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
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Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
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Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.