The Rise of Islamic Digital Economy
Malaysia Has a Firm Footing in Islamic Fintech, with the Most Providers Globally and the Reputation of Being the World’s Number One Islamic Economy.
Leveraging on Malaysia’s pole position within the Global Islamic Economy and market leadership in Islamic Finance, the Malaysian Government, regulators, public agencies and private sectors are working collectively to strengthen the country’s value proposition for the Islamic Digital Economy (IDE). As a result, at the end of 2021, Malaysia ranked No. 1 as per Dinar Standard’s Islamic Fintech Report 2021.
IDE refers to business-to-business and business-to-consumer digital transactions of Shariah-compliant economic activities.
The Segments under IDE Include:
It caters to retail and corporate who value ethical products and services. In MDEC, our core focus centres on collaboration with key global and domestic industry stakeholders as we connect the dots and facilitate the growth of our IDE companies.
Our 25 years journey proves MDEC’s track record and success stories. Primarily, our initiatives and programmes explore opportunities for:
