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FIKRA FAQ
  • What is FIKRA?
    The FIKRA Islamic Fintech Accelerator Programme (FIKRA) is a joint initiative by the Securities Commission Malaysia (SC) and the UN Capital Development Fund (UNCDF). The objective of FIKRA is to further enhance the Islamic capital market (ICM) ecosystem by identifying and scaling innovative fintech solutions in Malaysia. FIKRA will connect innovative start-ups through a collaborative environment for mentors, investors and industry enablers, along with relevant regulatory guidance, primarily through a 3-month accelerator programme.

    One of the other focus areas of FIKRA is to help position ICM as a lucrative segment for building a career by creating a talent pipeline through increased awareness of opportunities in Islamic fintech.
  • How is the programme structured?
  • Who is eligible for FIKRA?
  • What is “regulatory guidance” in FIKRA?
  • Who will be conducting the mentoring in FIKRA?
  • How will the applicants for the accelerator programme be evaluated?
  • How will the finalists/winners be selected?
  • How is this programme different from others in the market?
  • How will one benefit from the programme?
  • What is the timeline for the programme?
  • What is the role and operationalization of UNCDF in this programme?
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The Securities Commission Malaysia (SC) was established on 1 March 1993 under the Securities Commission Act 1993 (SCA). We are a self-funded statutory body entrusted with the responsibility to regulate and develop the Malaysian capital market.

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