The Malaysia International Islamic Financial Centre (MIFC) is an initiative of Malaysia’s financial market regulators and relevant government agencies dedicated to developing Malaysia’s

Islamic finance Islamic banking, Islamic finance ( ar, مصرفية إسلامية), or Sharia-compliant finance is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics ...

market by engaging with industry and government. The initiative was launched in 2006 and is based in

Kuala Lumpur , anthem = '' Maju dan Sejahtera'' , image_map = , map_caption = , pushpin_map = Malaysia#Southeast Asia#Asia , pushpin_map_caption = , coordinates = , su ...

, Malaysia. The MIFC is supported by

Bank Negara Malaysia The Central Bank of Malaysia (BNM; ms, Bank Negara Malaysia) is the Malaysian central bank. Established on 26 January 1959 as the Central Bank of Malaya (''Bank Negara Tanah Melayu''), its main purpose is to issue currency, act as banker and ad ...

Securities Commission Malaysia The Securities Commission Malaysia ( ms, Suruhanjaya Sekuriti Malaysia) is a Malaysian statutory body with responsibility for development and regulation of capital markets in the country. It is located in Bukit Kiara near the National Science Ce ...

, Labuan Financial Services Authority, and

Bursa Malaysia Bursa Malaysia is the stock exchange of Malaysia. It is one of the largest bourses in ASEAN. It is based in Kuala Lumpur and was previously known as the Kuala Lumpur Stock Exchange (KLSE). It provides a full integration of transactions, offeri ...

. The MIFC’s private sector partners include Islamic banks, conventional banks with Islamic banking windows, investment banks, brokers, lawyers, Shariah advisory firms, Shariah scholars, accounting and tax advisers, ratings agencies and takaful providers."Nazir Hails Initiative To Set Up MIFC". Bernama. 14 August 2006. Retrieved 4 February 2013

References

{{Economy of Malaysia 2006 establishments in Malaysia Islamic economic jurisprudence Business organisations based in Malaysia International organisations based in Malaysia Bursa Malaysia