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In August 2006, the Malaysia International Islamic Financial Centre (MIFC) initiative was launched to position Malaysia as a hub for international Islamic finance.
The MIFC initiative comprises a community network of the country’s financial and market regulators, including Bank Negara Malaysia
(Central Bank of Malaysia), Securities Commission Malaysia, Labuan Financial Services Authority and Bursa Malaysia (Kuala Lumpur Stock Exchange); Government ministries and agencies together with industry participation from the banking, takaful, capital market institutions, human capital development institutions and professional services companies which are participating and working collaboratively in the field of Islamic finance.
Islamic finance in the areas of Islamic capital market, Islamic fund and wealth management, international Islamic banking, international takaful and human capital development, while enjoying attractive incentives.
Through the “Shaping Islamic Finance Together” brand proposition, Malaysia welcomes global talents, leading players, issuers and investors to shape the future of Islamic finance together through the MIFC initiative, leveraging on and benefiting from Malaysia’s more than 30 years of experience in Islamic finance, in an environment of innovation and thought leadership.
Log on to www.mifc.com
