Friday, 10 December 2021- The 香港律師會會員服務-‘疫境同行’ and the Malaysian Bar jointly organised an Islamic Finance webinar on “Structuring Cross Border Green Sukuk”.
Consul-General of Malaysia Yap Wei Sin joined Mr C M Chan, President of the Law Society of Hong Kong and Mr A G Kalidas, President of the Malaysian Bar in delivering welcome remarks at the webinar. Special thanks to Mr Amirali Nasir, VP and Chairman of the Islamic Finance Working Party of the Law Society, Ms Saniza Othman, Vice Chairwoman of The Malaysian Chamber of Commerce in Hong Kong & Macau and all involved behind the successful event.
Malaysia's Islamic finance industry has been in existence for over 30 years. “Malaysia's record of building a successful Islamic financial industry of over 30 years. Malaysia's Islamic banking assets reached USD 254 billion as at December 2019 with total funds placed with Islamic banks now represent 38.0% of total banking sector deposits. Today, Malaysia's Islamic finance continues to grow rapidly, supported by a conducive environment that is renowned for continuous product innovation, a diversity of financial institutions from across the world, a broad range of innovative Islamic investment instruments, a comprehensive financial infrastructure and adopting global regulatory and legal best practices. Malaysia has also placed a strong emphasis on human capital development alongside the development of the Islamic financial industry to ensure the availability of Islamic finance talent. All of these value propositions have transformed Malaysia into one of the most developed Islamic banking markets in the world.” (https://www.bnm.gov.my/islamic-banking-takaful)