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Greenpro Promotes Value-Based Economy During Global Islamic Finance Forum 2022
KUALA LUMPUR, MALAYSIA / ACCESSWIRE / October 17, 2022 / Greenpro Capital Corp. (NASDAQ:GRNQ) today reiterate its social value corporate strategy that aligns
About this update from Greenpro Capital Corp.
[{"type":"text","content":"KUALA LUMPUR, MALAYSIA / ACCESSWIRE / October 17, 2022 / Greenpro Capital Corp. (NASDAQ:GRNQ) today reiterate its social value corporate strategy that aligns with Value-based Intermediation (\"VBI\") principle first launched by Central Bank of Malaysia in 2017. Together with Labuan IBFC establishment of Islamic Digital Asset Centre (IDAC), Greenpro Capital will spearhead the economic development and technology solutions offerings for a complete digital ecosystem within Islamic Finance.VBI aims to deliver the intended outcomes of Shariah through practices, conduct and offerings that generate positive and sustainable impact to the economy, community and environment, consistent with the shareholders' sustainable returns and long-term interests. During the 2020-2021, the total VBI-related financing in Malaysia reached US$ 17.5 billion, which served over 375,000 accounts (2017-2020: US$ 20 billion and 235,000 accounts).During Labuan IBFC's session on Unveiling Labuan as Asia's IDAC - Pioneering A New Asset Class, the panel touches on topics includingShariah and ESG Issuances/Investment through Asset Tokenization;What are the opportunities available for Shariah assets and sustainable investing in the digital sphere?Opportunities for SMEs and corporates in raising funds on a blockchain platformAn entrepreneur's experience of tokenizing assets / projectsFrom left: Greg Miller, Executive Director of Aspac Capital; Aqim Marzuki, CEO of Cattle Queen Ranch; Nik Mohamed Din Nik Musa, Director General of Labuan FSA; Dr. (h.c.) C.K.Lee, CEO of Greenpro Capital Corp; Datuk Prof. Dr. Mohamad Akram Laldin, Executive Director of ISRA; Ja'afar Rihan, Head of Islamic Finance of Labuan FSA.Greenpro CEO, Dr. CK Lee said during the forum, \"Parallel to the rapid growth of the digital asset and tokenization is the rapid growth of digital asset regulation, STO is considered to be a very efficient method of alternative financing. Due to the world's trend moving towards ESG and decarbonization, and the successful track record in our CryptoSX Digital Exchange, we are expecting a large number of international issuers to list on our Shariah Compliant ESG Digital Asset Exchange, Green-X.\"About Greenpro Capital Corp.Headquartered in Kuala Lumpur and a Nevada corporation, Greenpro Capital Corp. (NASDAQ: GRNQ), is a business incubator with strategic offices acro...