LC Wakaful Digital gets approved as first social exchange platform operator

MALAYSIA: The Securities Commission Malaysia announced the appointment of LC Wakaful Digital as the first social exchange platform operator in Malaysia. Platform guidelines, associated with the the Maqasid Al-Shariah Guidance for Islamic Capital Market and drawing inspiration from models in India, were announced in September 2025.

Categories:

Restricted Access

Subscribe NOW and get:

  • Gain unlimited access through all key operating platforms
  • Full access to all listed Islamic funds & fund profiles
  • Unlimited access to all Islamic fund managers
  • Access to all exclusive articles, reports, podcasts & videos
  • Complimentary access to all IFN Investor Forums
Subscribe Now

Suggested for you