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Why Malaysia should convene, not just contribute to, Brics and Islamic finance

Sharofiddin, Ashurov and Mohd Zaidi, Md Zabri (2026) Why Malaysia should convene, not just contribute to, Brics and Islamic finance. Focus Malaysia, NA (NA). pp. 1-3.

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Abstract

• Prime Minister Anwar Ibrahim's performance at the Brics summit captured more attention than his announcement about Malaysia's interest in pursuing Islamic capital markets within the Brics partnership. • The challenge for halal SMEs lies in being excluded from traditional credit due to a mismatch with standard lending practices, not because their businesses lack viability. • Malaysia should focus on convening a Brics Halal SME Finance Working Group to establish shared standards for financing, rather than solely exporting Islamic finance expertise.

Item Type: Article (Newspaper)
Uncontrolled Keywords: BRICS, Islamic finance, Malaysia
Subjects: BPH Islamic Economics
BPH Islamic Economics > BPH107 Halal cosmetics
BPH Islamic Banking & Finance
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): UNSPECIFIED
Depositing User: Dr Sharofiddin Ashurov
Date Deposited: 19 Oct 2026 08:47
Last Update: 19 Oct 2026 08:47
Queue Number: 2026-10-Q5663
URI: http://irep.iium.edu.my/id/eprint/132012
Indexed In: UNSPECIFIED

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