BIX ARTICLE
Malaysia: Islamic Finance and Financial Inclusion
Oct 16, 2020
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2 min read
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The main purpose of this report is to explore the role Islamic finance has played in furthering financial inclusion in Malaysia, with a view to drawing key lessons of experience. Given Malaysia’s success in the development of Islamic finance, these lessons will be useful to policy makers and regulators in other Islamic finance jurisdictions as they make efforts to enhance Islamic financial inclusion. The study will also be relevant to development practitioners involved in providing technical assistance and advisory services to their client countries on different ways to foster financial inclusion and improve the contribution of the financial sector to growth and poverty reduction. The report is composed of five chapters: chapter one presents a macro-level assessment of key inclusion and Islamic finance indicators in Malaysia; chapter two analyses the country’s regulatory structures on which inclusion has been based; chapter three identifies its institutional enablers; chapter four specifies prime consumer protection measures; and chapter five enunciates the impact that digitalization and Islamic financial technology (FinTech) have had in increasing inclusion.
Read Full Report: Malaysia Islamic Finance and Financial Inclusion
Disclaimer
The information contained in this report is prepared from data believed to be correct and reliable at the time of issuance of this report. While every effort is made to ensure the information is up-to-date and correct, Bond and Sukuk Information Platform Sdn Bhd (“the Company”) does not make any guarantee, representation or warranty, express or implied, as to the adequacy, accuracy, completeness, reliability or fairness of any such information contained in this report and accordingly, neither the Company nor any of its affiliates nor its related persons shall not be liable in any manner whatsoever for any consequences (including but not limited to any direct, indirect or consequential losses, loss of profits and damages) of any reliance thereon or usage thereof.
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