KUALA LUMPUR, Oct 20 (Bernama) -- Malaysia aims to spearhead the transition towards greater use of Islamic finance to drive cross-border investment, supported by stronger ties with emerging markets, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
Business : Malaysia Seeks To Lead Islamic Finance Transition, Boost Investment â DPM Fadillah
Datuk Seri Fadillah Yusof, Shariah, Islamic financ
BE Bernama 
Key points
- "It can finance infrastructure, empower small and medium enterprises, accelerate the energy transition, strengthen food security and power our digital future; and Malaysia intends to lead this transition," he said in his opening speech at the 21st Kuala Lumpur Islamic Finance Forum 2026 (KLIFF 2026) here today.
- Fadillah, who is also the Minister of Energy Transition and Water Transformation (PETRA), noted that across ASEAN, Islamic financial assets have more than doubled within a decade, from US$468 billion in 2014 to US$954 billion in 2024.
- Going forward, he said Malaysia will extend its reach beyond banking and sukuk to become a powerhouse in Islamic investment, private equity, venture capital, waqf-linked vehicles and Shariah-compliant private markets.
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