Malaysia urges Islamic finance ideas to become policies and products for public benefit

During the iSHAR 2026 conference, the Prime Minister appealed for Islamic finance discussions to progress from theory to actionable measures. He urged stakeholders to convert the roundtable’s ideas into policies, financial products and everyday practices that enhance societal dignity and safeguard the public. The address, delivered by Minister Zulkifli Hasan Anwar of the Prime Minister’s Department (Religious Affairs), warned that the world faces economic volatility, geopolitical strain and growing inequality, making the moral aspect of finance crucial.

He argued that Islamic finance should serve humanity rather than dominate it. Citing Malaysia’s status as an early leader in the global Islamic finance ecosystem, he cautioned against treating this position as mere prestige. Instead, he called for a financial system rooted in ethics, fairness and generosity, consistent with the Malaysia Madani vision of balancing growth with moral responsibility.