Islamic social finance can provide support for post-pandemic poverty alleviation, economic recovery, says SC

Islamic social finance has the potential and is well-placed to provide the requisite support for post-pandemic poverty alleviation and economic recovery, the Securities Commission Malaysia (SC) said.

Deputy chief executive Datuk Zainal Izlan Zainal Abidin said in the realm of social finance, the SC has introduced frameworks to facilitate the use of capital market instruments to advocate and drive financial inclusion and social impact, such as Sustainable and Responsible Investment (SRI) sukuk and waqf-featured funds.

Read more here