On, 7th of July 2020 the Embassy’s officers attended a virtual webinar hosted by the Islamic Development Bank (IsDB) Group Center of Excellence in Kuala Lumpur, in partnership with the United Nations Capital Development Fund (UNCDF), Malaysia Digital Economy Corporation (MDEC), SME Corporation Malaysia (SME Corp), the Investment Account Platform (IAP), and the International Centre for Education in Islamic Finance (INCEIF) on “Showcasing Malaysia’s Replicable Solutions on Supporting MSMEs through COVID-19 Crisis and Beyond”
The webinar aimed at showcasing Malaysia’s experience in mitigating the negative impact of COVID-19 pandemic on MSMEs and showcasing replicable support solutions in the public and private sectors, particularly using digital solutions based on Islamic Finance principles.
The panelists highlighted Malaysia’s approach in supporting MSMEs to thrive through COVID-19 crisis, its experience in leveraging digital technologies to accelerate MSMEs shift to online business activities and shared examples of impactful MSMEs support programs including lessons learned from the experience.