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Anwar backs efforts to strengthen IsDB Centre of Excellence in Kuala Lumpur

KUALA LUMPUR, Oct 20 — Prime Minister Datuk Seri Anwar Ibrahim has welcomed efforts to strengthen the Islamic Deve...

Anwar backs efforts to strengthen IsDB Centre of Excellence in Kuala Lumpur

Prime Minister Anwar Ibrahim has expressed support for initiatives aimed at enhancing the capabilities of the Islamic Development Bank's (IsDB) Centre of Excellence in Kuala Lumpur. The prime minister emphasized that Malaysia's expertise in empowering micro, small, and medium enterprises, bolstering economic resilience, and creating employment opportunities can potentially benefit other IsDB member countries.

During a meeting with IsDB President Dr. Muhammad Sulaiman Al Jasser, Anwar stressed Malaysia's willingness to share its knowledge and expand development cooperation on a global scale. This collaboration, he believes, will further bolster Malaysia's role as a credible development partner and allow Malaysian expertise to be showcased on the international stage.

Established in 2019, the IsDB Centre of Excellence in Kuala Lumpur serves as a strategic hub for the transfer of technology, expertise, and best practices in Islamic finance from Malaysia to the 56 other member countries of the IsDB. The institution, based in Jeddah, Saudi Arabia, is a multilateral development finance organization founded in 1975, dedicated to fostering economic growth and social progress in its member countries and Muslim communities worldwide, adhering to Shariah principles.

Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 2 other outlets

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