Information related to Incentives for Islamic Fund and Wealth Management

Present day Islamic finance has grown from its domestic roots to emerge as one of the fastest growing financial markets in the international field. The rapid progress made in the last 10 years points to a growing momentum. Islamic finance now extends beyond the predominantly Muslim economies to become an increasingly important part of the mainstream international financial system with over 300 Islamic financial institutions worldwide across 75 countries.

Click below for the Updated List of Registered Shariah Advisers (As at 31 October 2013):

A. Shariah Advisers (Individual)
B. Shariah Advisers (Corporation)
C. Shariah Advisers in relation to foreign currency sukuk in Malaysia

Click below for the Updated List of Registered Shariah Advisers (As at 30 June 2014)

An Act to provide for the regulation and supervision of Islamic financial institutions, payment systems and other relevant entities and the oversight of the Islamic money market and Islamic foreign exchange market to promote financial stability and compliance with Shariah and for related, consequential or incidental matters.

Shariah Resolutions in Islamic Finance is currently published in Bahasa Malaysia. The English version is expected to be released in the near future. The individual chapters of this guidebook can be downloaded from the links below.

The MIFC Secretariat is the single point of contact for ITO licences.

Resolutions of the Securities Commission Shariah Advisory Council describes the Shariah products and concepts applied in Malaysia's Islamic capital market. 

Foreign or local corporations require the approval of the Securities Commission Malaysia (SC) under the CMSA for issues, offers for subscription or purchase, making an invitation to subscribe for and purchase of sukuk.