Page 81 - CMP3

3.3 SHAPING A STAKEHOLDER ECONOMY WITH SRI AND ICM
3.3.1 MOBILISING CAPITAL TO SUSTAINABLE AND RESPONSIBLE BUSINESSES
a. Explore approach for transition financing in Malaysia.
b. Facilitate wider options across the funding escalator for companies embarking on net-zero
commitments.
c. Promote greater transparency in the market through disclosures.
d. Evaluate approach for investor protection, in relation to the management of disclosures,
data, ESG investment decision-making as well as green-washing risks.
3.3.2 EXPANDING THE REACH OF ICM TO THE BROADER STAKEHOLDERS OF THE ECONOMY
a. Enable greater access to Shariah-compliant fundraising for MSMEs, focusing on those in the halal economy.
b. Develop guidance to facilitate assessment of unlisted companies for Islamic fundraising activities.
c. Develop guidance to incorporate Shariah requirements and ESG best practices for PLCs.
d. Leverage and strengthen relevant ICM frameworks to enhance the Islamic social finance
ecosystem.
3.3.3 EMBRACING COLLABORATION AND INNOVATION FOR GROWTH
a. Position Malaysia as a hub for SRI by developing thought leadership, catering to regional capacity-building needs as well as championing innovation and research.
b. Enhance ICM global thought leadership to promote greater alignment of capital market activities with maqasid al-Shariah.
c. Build capacity for ICM by strengthening the capabilities of practitioners in the area of Shariah governance and by developing talents for Islamic wealth management.
d. Facilitate innovation in Islamic fintech through regulatory guidance and accelerator programmes.
CAPITAL MARKET MASTERPLAN 3
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