SC’s FIKRA ACE Seeks Fintech Startups to Enhance Islamic Capital Market
The Accelerator programme now open for global applications


Kuala Lumpur, 11 July 2024

The Securities Commission Malaysia (SC) is inviting applications for the second cohort of its FIKRA ACE Accelerator programme, part of the FIKRA ACE initiative.

Launched in 2023, FIKRA ACE is a three-year initiative aimed at advancing the Islamic Capital Market (ICM) through innovative Islamic fintech solutions. The programme comprises an Accelerator, Circle and Excel components.

Following the success of the first cohort last year, the SC is now inviting applications for its 2024 cohort. FIKRA Accelerator provides a platform for startups to develop innovative solutions, from ideation to minimum-viable product. The eight-week structured programme consists of workshops, mentorship, networking activities, and funding facilitation.

The Accelerator programme is expected to start in August. It is opened to individuals or companies with less than three years market presence. Applications are open to both local and international applicants.

The Malaysia Digital Economy Corporation (MDEC) is the strategic local ecosystem partner for the programme. MDEC will continue to support startups participating in the programme with the infrastructure, resources, and market knowledge to scale their businesses more effectively.

The SC will also collaborate with the Islamic Development Bank as the global ecosystem partner, to help enrich contents of the programme with international insights and perspectives.

Those interested are encouraged to register here from today until 31 July 2024.

For more information on the FIKRA ACE Accelerator programme, please visit For inquiries, please write in to [email protected].


about the SC
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.

General Line: +603-6204 8000
General Email: [email protected]
© Copyright Securities Commission Malaysia.  Contact Us   |    Disclaimer   |   The site is best viewed using Microsoft Edge and Google Chrome with minimum resolution of 1280x1024
Generic Popup