Malaysia International Islamic Financial Centre (MIFC)
Malaysia International Islamic Financial Centre (MIFC) was established in August 2006 with the aim of positioning Malaysia as the world's Islamic finance hub.
The formation of International Islamic Financial Centre (MIFC) was a key milestone in the development of Malaysia's Islamic finance industry. It is tasked to bring together the key stakeholders in an increasingly important international Islamic finance ecosystem. These key stakeholders include the government ministries, agencies and financial and market regulators including Bank Negara Malaysia, Securities Commission Malaysia, Bursa Malaysia and Labuan Financial Services Authority; as well as the many financial institutions, human capital development organisations and other professional services companies.
MIFC's key value proposition is an end-to-end Shariah-compliant business environment which is the result of a long history of developing Islamic finance.
Islamic finance refers to a system of finance that complies with Islamic law. Activities that involve interest (riba), gambling (maisir) and speculative trading (gharar) are prohibited.
The MIFC Executive Committee (ExCo) provides high-level strategic direction through an ongoing consultative process between the public and private sectors of Malaysia's Islamic financial industry. The MIFC ExCo is tasked to ensure the effective and efficient implementation of the MIFC initiative.
The official website of Malaysia International Islamic Financial Centre (MIFC) features:
IF Markets: Capital Markets, Banking, Takaful, Talent Development, Professional Services, Directory
Knowledge: Expert Views, New Insights, Glossary, Articles
Epicentre: Media Centre, Events, Video Podcasts, Newsletter
Knowledge Centre: Introduction to Malaysian Islamic Finance Regulatory Structures; Shariah Compliant Securities; Exchangeable Sukuk Structure; Incentives for Islamic Capital Market; Talent Development in Islamic Finance; Introduction to Islamic Capital Market, Islamic Fund Management, Islamic Finance and Sukuk
MIFC Promotions Unit
2 Jalan Dato' Onn
50480 Kuala Lumpur