Thursday, July 16, 2015

EPICENTRE - Enhancing Financial Inclusion through Islamic finance

MIFC Epicentre
July 2015 / Ramadhan 1436H

Governments around the world are increasingly viewing financial inclusion as an important part of economic development. More than 50 countries have set formal targets and ambitious goals for financial inclusion which is critical in poverty alleviation. Financial inclusion is a familiar concept in Islamic finance, which has developed through the essential objectives of promoting justice, inclusion and equality. Substantial improvements are needed in terms of financial infrastructure to enable the world’s poor to benefit from economic advancement. With proper infrastructure and regulations in place Islamic finance will eventually contribute to a more inclusive economic growth.


OTHER HIGHLIGHTS:
Keynote Address by Dato' Muhammad bin Ibrahim, Deputy Governor, Bank Negara
Malaysia at the Launch of “Islamic Finance Country Report for Malaysia
2015”  by IRTI
This country report is the fifth in its series and features Malaysia’s on-going initiatives and prospects in transforming into a high income economy and the contribution of Islamic finance in this endeavour.
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