The Securities and Exchange Commission (SEC) in collaboration with the Chulalongkorn University organized a seminar on “Investment Opportunities in Islamic Mutual Funds for Muslim Investors” to promote knowledge and understanding of Islamic financial products. which is according to Islamic principles Including encouraging Muslim investors to use financial products as a tool for saving money. On Friday February 24, 2023
Mr. Arun Boonchom, Chairperson of the Chulalongkorn Faculty, said, “The Office of Chulalongkorn is well aware of the responsibility towards Muslim society in all aspects. Especially in the economics related to Halal, Haram, there are many Muslim brothers and sisters who have inquired from the Chularajmontri Office regarding stock trading in the stock market. and regarding digital currency or cryptocurrencies Which the Chulalongkorn University has responded to those brothers, but only in a narrow circle In organizing this seminar, organized by the Office of Chulalongkorn in collaboration with the Office of the Securities and Exchange Commission, will make knowledge regarding stocks. and stock trading has become more widespread.”
Ms. Ruenwadee Suwanmongkol, secretary-general of the SEC, said, “The SEC recognizes the importance of developing Islamic financial markets and Islamic mutual funds in Thailand to meet religious standards and be accepted by the SEC. internationally accepted In Thailand, the first Islamic mutual fund was established in 2004 and currently there are 6 Islamic mutual funds with a net asset value of 2,145 million baht with a total number of investors of 6,526 people, while Thailand has a Muslim population of approximately 4 million people. Islamic finance therefore has a great opportunity to grow. This is in accordance with the resolution of the Capital Market Supervisory Board No. 2/2023 dated February 21, 2023 to ensure Muslim investors that investing in Islamic mutual funds complies with Islamic principles. And it is also an alternative way to save money. Including investing in Islamic mutual funds RMF or SSF will also provide tax benefits.
In this event, there was a lecture on the topic “Islamic investment in the Thai capital market” by Mr. Isaret Mahamad, representative of Chulalongkorn University and lectures on the topic “Experience in Islamic Financial Product Development” by Mr. Noraizat Shik Ahmad, Deputy Director of the Islamic Capital Market Development, Securities Commission Malaysia, including a panel on “Investment in Islamic Mutual Funds under the supervision of the SEC” with Mrs. Jarupan Intarung, Assistant Secretary-General of the SEC, Mr. Thanachot Rungsitthiwat managing director MFC Investment Management Public Company Limited and Dr. Smith Esaw, representative of Chularajmontri Office Join to exchange opinions regarding investing in Islamic mutual funds. which Mr. Anusorn Ongart, representative of Chularajmontri Office as moderator
The seminar “Investment Opportunities in Islamic Mutual Funds for Muslim Investors” was held at the Al Meroz Hotel, Bangkok. There were more than 150 participants interested in the event and broadcast live via the Facebook page “Office of the Securities and Exchange Commission. ” and “Office of Chulalongkorn University” Interested parties can view the seminar retrospectively at the link. https://www.facebook.com/sec.or.th/videos/1212843656270063