Islamic Capital Market in Malaysia

Malaysia is one of the prominent global Islamic Capital Market (ICM) hub. Based on the statistics from the Islamic Financial Services Board (IFSB), Malaysia has the largest Islamic banking assets outside of Middle East in the fourth quarter of 2021 (4Q2021). IFSB also pointed out that Malaysia remained as one of the concentrations of Islamic Fund Assets, constituting 29% of total asset under management (AUM) in 4Q2021.