Securities Commission Malaysia is Creating an Islamic Fintech Accelerator Programme with UNCDF

In collaboration with The United Nations Capital Development Fund (UNCDF), the Securities Commission Malaysia (SC) is creating an Islamic financial technology (fintech) accelerator programme.

Why it Matters?

The SC is working to create a market ecosystem that encourages healthy growth in the fintech sector, said Executive Director of Digital Strategy and Innovation, Chin Wei Min. Islamic fintech and the Islamic capital market are a strategic focus for the SC in 2021 and the key goal in the creation of the accelerator programme is to persuade more local and international providers to continue to stimulate innovation in Malaysia within the Islamic fintech area. The SC is looking at creating sustainability for the sector by asking more people to come fo...