· Abdul Rasheed Ghaffour · Bank Negara Malaysia WikiWelcoming remarks - Global Islamic Finance Forum 2025
Read full speech on bis.org ↗ContextWelcoming remarks by Abdul Rasheed Ghaffour, Governor of the Central Bank of Malaysia (Bank Negara Malaysia), at the Royal dinner in conjunction with the Global Islamic Finance Forum (GIFF) 2025 "Bridging tradition and tomorrow - advancing business, empowering communities", Kuala Lumpur, 12 October 2025.
Why it mattersMalaysia's Governor on clearer rules and better measurement for Islamic social finance.
Problems raised
- Islamic social finance lacks clear frameworks.
- Zakat governance needs more transparency.
- Social outcomes are poorly measured.
Solutions proposed
- Clarify waqf investment frameworks.
- Improve zakat governance.
- Measure social return on investment.