[12] Duncan Lamont, Apr 2018, Market views - What is the point of equity market [13] McKinsey Global Private Markets Review 2019, Private markets come of age [14] CFA Institute Mar 2019, MIFID II Research Unbundling: A Survey Yielding Mixed Results [15] This year, MATCH has been enhanced with a new “Deal Fridays” format, reflecting a joint partnership with Enterprise Singapore to connect a carefully curated list of growthstage ASEAN companies with investors through weekly investor-company match-making events. Since the launch of “Deal Fridays” in June 2019, over 400 companies and 400 investors have participated in Deal Fridays.
Given that the pace of the internationalisation of Islamic finance has accelerated during this period, it has heightened the urgency to chart the next phase of development of Islamic finance to ensure that financial stability continues to be preserved and that the financial system continues to serve the economy. Its resilience during the global financial crisis should not result in complacency. As we move forward, there are three key imperatives in addition to the efforts to ensure financial stability for the industry and to the continued development of the financial system. BIS central bankers’ speeches  1  First is the need to highlight with greater clarity the value proposition of Islamic finance so as to ensure that it remains a form of financial intermediation that serves the real economy and that it will continue to be a benefit to society. This requires the development of financial products and services that manifests the value propositions of Islamic finance, and that such products are marketed with simplicity so as to facilitate a greater understanding of the main benefits of the products. In relation to this, Islamic finance presents significant appeal to the growing Socially Responsible Investment (SRI), sustainable investments and ethical finance. This is particularly relevant in the context of the recent global financial crisis. It has brought to the forefront the need for the financial system to be linked to the economy and for the need for greater and improved levels of transparency, fairness, ethics and social responsibility in modern finance.