Malaysia's Financial Sector Blueprint 2022-2026 has been unveiled at MyFintech Week 2022. The blueprint sets the vision for the nation’s financial sector development in line with key national economic aspirations.
Five strategic thrusts have been identified to achieve three broad outcomes: finance for all, finance for transformation and finance for sustainability, including a focus on advancing value-based finance through Islamic finance leadership.
The strategies for the next five years will seek to leverage Malaysia’s well-developed Islamic finance ecosystem, particularly to:
- Sharpen Malaysia’s proposition as an international gateway for Islamic finance;
- Strengthen policy enablers of value-based finance for greater impact; and
- Mainstream social finance.
In his speech, YB Senator Tengku Datuk Seri Utama Zafrul said the launch of the blueprint is timely. "In realising the nation’s aspirations, the financial sector has always played an important role – be it supporting families to grow and protect their wealth, or helping businesses expand and venture into new areas. In the next five years, the strategies outlined in this Blueprint will be critical for the financial sector to continue to be the catalyst for reform, drive sustainability and contribute to our collective aspiration of a Prosperous, Inclusive and Sustainable Malaysia.”
Themed Advancing Digitalisation for Recovery, Sustainability and Inclusion, MyFintech Week 2022 features more than 100 speakers and experts on critical issues in finance such as digitalisation and innovation, financial inclusion and sustainability.
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