“The government, in collaboration with the Securities Commission Malaysia (SC), remains committed to developing a comprehensive Islamic finance ecosystem to attract investors, particularly from Russia.”
” ‘Malaysia also has the opportunity to expand the export of its shariah expertise following interest expressed by the Head of the Republic of Tatarstan in May 2025 to adopt Malaysia’s Islamic finance development model,’ said the MoF on the Parliament website today.”
“These efforts are supported through a series of bilateral meetings held by the SC with the Central Bank of Russia and the Saint Petersburg International Mercantile Exchange (SPIMEX) in 2023 and 2025.”