Government Urges Collaboration for Future and Sustainable Humane Economy

The government urges academicians, financial institutions, and regulatory bodies to work together in realizing the vision of the future and sustainable humane economy, said Prime Minister Datuk Seri Anwar Ibrahim. Anwar, who is also Finance Minister, said this collaboration must be met with an ‘ummatic’ commitment with joint efforts to help realize this vision for a better future.

“Academicians must continue to push the boundaries of knowledge, align the theoretical and ethical dimensions of Islamic economics, and develop practical applications aligned with these core Madani principles. “Meanwhile, financial institutions must integrate these principles into core structures and decision-making processes, and ensure that their products are equitable and accessible,” he said in the premier address at the International Conference on Islamic Economics and Finance today. Anwar added that regulatory bodies must create enabling frameworks for innovation that incentivizes and reinforces ethical conduct and not mere legalistic complianc

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