The Malta Financial Services Authority has launched a public consultation on proposed amendments to the Capital Markets Rules intended to establish specific provisions for sukuk, Shariah-compliant financial instruments, in Malta’s capital markets. The proposals focus on facilitating the issuance of sukuk on the Institutional Financial Securities Market (IFSM) by introducing dedicated requirements within the IFSM rulebook. The MFSA is seeking stakeholder feedback on the draft provisions, positioning the changes as part of its efforts to support the structuring, issuance and investment of Islamic finance products in Malta. Responses to the consultation are due by 8 August 2025.
Malta Financial Services Authority 2025-07-08
Malta Financial Services Authority launches consultation on Capital Markets Rules changes to enable sukuk issuance on the IFSM
The Malta Financial Services Authority has initiated a public consultation on proposed amendments to the Capital Markets Rules to establish provisions for sukuk in Malta’s capital markets. The proposals aim to facilitate sukuk issuance on the Institutional Financial Securities Market by introducing specific requirements within the IFSM rulebook. The MFSA seeks stakeholder feedback to support structuring, issuance, and investment of Islamic finance products in Malta.