Financial Services
Sectors

EPP 10: Becoming the Indisputable Global Hub for Islamic Finance

  • GNI by 2020 (mil)
    RM7,242.4
  • Projected jobs by 2020
    11,644

Through this EPP, the Government targets to increase Islamic financing’s share of total financing in Malaysia from 29% in 2010 to 40% in 2020, cementing the country’s position as a global leader in the industry. The market will also be supported in its development into an international intellectual and capital centre for Islamic finance.

Highlights

  • Malaysia maintained its position as a leading marketplace for Islamic finance with Malaysia’s Islamic finance assets accounting for 25% or US$423 billion of total global Islamic finance assets at end 2014.
  • In 2014, Malaysia’s sukuk marketplace accounted for 56.9% of the global sukuk outstanding; and 64.9% of global sukuk new issuances with a total of US$61.4 billion.
2015/08/06
Status:
Operational
Economic Transformation Programme
The ETP Transformation Story
The Economic Transformation Programme (ETP) is a comprehensive effort that will transform Malaysia into a high-income nation by 2020.
Copyright © 2013 Performance Management & Delivery Unit (PEMANDU)