Malaysia’s securities regulator has set a goal to grow the country’s capital market to between 5.8 trillion ringgit (US$1.48 billion) and 6.3 trillion ringgit by 2030.
Securities Commission Malaysia (SC) set the target in its new five-year capital market master plan, aiming to achieve the goal by optimising valuations of the equity, bond and sukuk or Islamic debt markets.
It also plans to set up regulatory frameworks for alternative assets.
The Malaysian capital market was valued at 4.2 trillion ringgit in 2024.
Mohammad Faiz Azmi, chairman of the SC, acknowledged that the new master plan is ambitious.
“We are aiming to grow the capital market size by 1.5 trillion ringgit to 2 trillion ringgit in five years. It reflects our belief that we have more room to continue improving and accelerate growth,” he said at the launch of the master plan on March 9.
