Speech by Governor Abdul Rasheed Ghaffour at the 19th Kuala Lumpur Islamic Finance Forum 2024 Royale Chulan Hotel Kuala Lumpur

It is an honour for me to be here at the 19th Kuala Lumpur Islamic Finance Forum. For over nearly two decades, KLIFF has been a mainstay in the annual calendar of events - surfacing global Islamic finance perspectives, which resonate with contemporary developments. This year’s forum, with the theme ‘Revitalising the Economy via Islamic Finance’, again - fosters dialogue and collaboration among stakeholders - to cultivate ideas and address the challenges of our time.

05 Nov 2024

Keynote Address by His Royal Highness Sultan Nazrin Muizzuddin Shah at the MIFC-UK Business Forum

This is where Islamic finance offers a potential solution.
Rooted in principles of ethical practices, fairness, and
equitable risk-sharing, it provides a framework that naturally aligns with sustainability and presents diverse funding options, including blended and social finance. It is wellpositioned
to address funding gaps that impede global progress and can serve as a tool for channelling resources where they are needed most.

10 Sep 2024

Dinner Speech at GFIEF 2024 by Tan Sri Dr. Zeti Akhtar Aziz

In this recent decade, the global growth of Islamic finance has far exceeded our expectations, despite a highly difficult world environment. This period has experienced wide ranging seismic developments with its significantly disruptive implications on the world economy.

30 May 2024

Special Report: Labuan IBFC on an upward trajectory after slow start

It is against this challenging global backdrop of recent years that Malaysia’s Labuan International Business and Financial Centre (Labuan IBFC) is seeking to make a stronger mark for itself. It plans to develop a niche in the areas of Islamic finance/sustainability

13 Sep 2023

Cover Story: CSAA - Leveraging on Shariah Diversity for a Common Goal

06 Sep 2023

INTERVIEW: Inside Malaysia's five-year insurance regulation framework

Speaking to Asia Insurance Review, Bank Negara Malaysia (BNM) assistant governor for financial development and innovation department Suhaimi Ali highlighted some of the main areas of development of the insurance and takaful sector.

12 Dec 2022

INTERVIEW: Dr Mohd Daud Bakar, recipient of The Royal Award for Islamic Finance 2022

24 Nov 2022

E-money: Toward promoting greater economic efficiency

In an effort to provide a robust financial system infrastructure, Bank Negara Malaysia (BNM) has established reliable, efficient and secure payment systems. Specifically, under the retail payment system, there are four designated payment instruments: (i) debit cards, (ii) credit cards, (iii) charge cards and (iv) e-money. 

25 Nov 2021

Digital banking to accelerate Malaysia’s financial inclusion agenda

Bank Negara Malaysia (BNM) had formulated a robust Financial Inclusion Framework under the Financial Sector Blueprint 2011–2020. Revisiting the framework in 2017, BNM embedded six new strategic plans into it (Figure 1). To accelerate the inclusivity agenda, BNM issued the Licensing Framework for Digital Banks (Licensing Framework) in December 2020.

25 Nov 2021