About US

The Malaysia International Islamic Financial Centre (MIFC) Leadership Council, known as the MLC, was established in 2022 to spearhead the next phase of growth for Islamic finance in Malaysia. Comprised of distinguished members, the Council plays a pivotal role in providing thought leadership and driving the formulation of strategies to solidify Malaysia’s leading position in Islamic finance.

One of the primary objectives of the MLC is to guide and align with national strategic development plans, including Bank Negara Malaysia’s Financial Sector Blueprint 2022-2026 and the Securities Commission Malaysia’s Capital Market Masterplan 3. By aligning its efforts with these blueprints, the MLC ensures a coordinated and cohesive approach towards achieving the common goal of further enhancing Islamic finance in Malaysia.

With a focus on delivering tangible outcomes, the MLC actively monitors industry initiatives and fosters collaboration with relevant experts from the financial, corporate, and academic sectors. By leveraging the wealth of knowledge and expertise from diverse backgrounds, the MLC can address emerging challenges, explore new opportunities, and advance key areas of interest in Islamic finance. Such collaborative efforts aim to generate innovative solutions and drive the industry forward.

The MLC’s commitment to inclusive decision-making is reflected in its collaborative approach to industry deliberation. By engaging with relevant authorities and agencies, the MLC ensures wide representation and diverse perspectives in shaping the industry’s trajectory. The inclusion of various stakeholders creates a more holistic and comprehensive perspective, strengthening the effectiveness and impact of the MLC’s efforts.

To achieve its objectives and foster growth in Islamic finance, the MLC will actively engage with stakeholders such as regulators, industry players, and academia. By fostering dialogue and partnership, the MLC aims to create an ecosystem that supports the sustainable development of Islamic finance, with a focus on innovation, market accessibility, and investor protection.

Ultimately, the MLC serves as a vital pillar in Malaysia’s vision to become a premier global Islamic financial centre. Through its thought leadership, strategic formulation, and collaboration with relevant entities, the MLC aims to shape the future of Islamic finance in Malaysia, ensuring its continued growth, resilience, and prominence on the global stage.

As the MLC embarks on its journey, it is poised to drive transformative change, fortify Malaysia’s position as a leader in Islamic finance, and contribute to the sustainable development of the global Islamic financial industry.