KUALA LUMPUR, Aug 5 (Bernama) — The Malaysian Financial Planning Council (MFPC) had organized the 7th MFPC Conference on Islamic Wealth Management and Financial Planning virtually today.
This three hour conference with the theme of ‘Driving Sustainable & Responsible Investment’ focuses on the upward trend towards Socially Responsible Investment (SRI). This is because of the natural progression of sukuk market, the growing awareness of investors toward ethically and socially responsible investment and the stricter capital requirements for the bank finance infrastructural projects were the key reasons MFPC chose this particular theme is due to Malaysian market is considered as the largest SRI market in Asia and the world’s second largest in the Islamic fund market about 29% worth US$56bil of global asset according to The Star report in 2018.