KUALA LUMPUR, Oct 25 (Bernama) -- Malaysia’s Islamic finance industry is evolving beyond traditional banking to play a wider role in people’s lives and the economy, from helping microentrepreneurs build sustainable businesses to enabling small and medium enterprises (SMEs) to enter global markets.
Business : Islamic Finance Has Evolved through Innovation With Purpose To Drive Economic, Social Impact â BNM Governor
Islamic Finance, BNM, Abdul Rasheed Ghaffour, VBI,
BE Bernama 
Key takeaways
Malaysia's Islamic finance industry has evolved into a major economic force, contributing significantly to the country's financial ecosystem and global market access.
- Islamic finance accounts for 48% of Malaysia's total financial assets, expected to surpass 50% soon.
- The industry supported RM160 billion in sukuk issuance and 9.7% growth in business financing in 2025.
- Malaysia is recognized as the world's most developed Islamic finance market for the 14th consecutive year.
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Related reporting
4 stories on this topic from 4 sources, oldest first.
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- Bernama Business : Islamic Finance Has Evolved through Innovation With Purpose To Drive Economic, Social Impact â BNM Governor (this story)
