Malaysia invests $906.67m to enhance MSME lending, Islamic finance It also mulls establishing the Consumer Credit Commission.
Malaysia is investing over Malaysian ringgits 3.92b (approximately $906.67m) in financial industry-related enhancements,
including financing for small businesses and for Islamic finance innovation.
In his Belanjawan 2025 speech, Prime Minister and Minister of Finance YAB Dato’ Seri Anwar bin Ibrahim allotted Malaysian ringgits 3.8b ($878m) for micro, small, and medium enterprises (MSEMs).
In particular, the funds are aimed to support digitisation and automation, to embrace sustainable and low carbon practices, and for agrofood production, according to a press release by the Bank Negara Malaysia (BNM), the central bank.
Before this, over Malaysian ringgits 7b ($1.6b) were already available for MSMEs.