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Malaysia’s watchdog wants to bolster shariah-compliant investment industry

Malaysia’s financial regulator, the Securities Commission (SC), is looking to bolster the nation’s Islamic fund and wealth management industry with a number of initiatives, including the formalisation of a shariah sustainable and responsible investments (SRI) framework. The new initiatives are part of the SC’s five-year “Islamic Fund and Wealth Management” plan, which aims to attract more investors globally. According to…

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