- Fintech is developing Omnilayer protocol for Islamic finance & institutional asset tokenisation
- Commends Gobind’s leadership and MDEC’s pivotal role in advancing digital transformation
Finran Group Sdn Bhd, a financial technology company developing the TEIZA Omnilayer protocol for institutional blockchain infrastructure, has expressed strong support for the Malaysian Government’s commitment to strengthen the national blockchain ecosystem and asset tokenisation framework, while commending the Malaysia Digital Economy Corporation (MDEC) for its role in coordinating industry engagement and policy development.
Government signals integrated tokenisation framework
The Ministry of Digital, under the leadership of Gobind Singh Deo, has taken a proactive and inclusive approach to blockchain policy formulation. MDEC, through its Blockchain Taskforce, has facilitated dialogue between government agencies, regulators, and industry stakeholders, helping ensure that Malaysia’s National Blockchain Policy reflects both international best practices and local market realities.
Finran Group was represented at the industry roundtable chaired by Gobind during Malaysia Blockchain Week (MYBW). Coordinated with support from MDEC, the roundtable brought together blockchain industry stakeholders, technology providers, and policymakers to discuss the future direction of Malaysia’s blockchain policy. The consultation, which received official coverage from MYBW organisers and the Prime Minister’s Office, underscored the Government’s commitment to meaningful multi-stakeholder engagement in shaping the nation’s digital future.
Following these consultations, Gobind announced the Government’s determination to strengthen Malaysia’s national blockchain ecosystem and establish a comprehensive asset tokenisation framework. “The government is developing a regulatory framework for asset tokenisation in an integrated manner through the Securities Commission Malaysia and Bank Negara Malaysia,” he said.
Industry support for Malaysia’s blockchain agenda
The National Blockchain Policy under development aims to enhance efficiency, transparency, and competitiveness across multiple sectors of Malaysia’s economy, positioning the country as a regional leader in blockchain technology and digital asset innovation. Key components include regulatory frameworks for digital assets, guidance on asset tokenisation, interoperability standards, and mechanisms to enhance transparency across both public and private sector applications.
Beyond Malaysia Blockchain Week, Finran Group has actively participated in multiple industry briefings and engagement sessions (“sesi libat urus”) organised by the Ministry of Digital and coordinated by MDEC. These consultations have provided platforms for industry players to contribute technical insights and policy recommendations, helping ensure that Malaysia’s blockchain framework is both globally competitive and locally relevant.
“The Government’s commitment to establishing a comprehensive tokenisation and blockchain policy represents a watershed moment for Malaysia’s digital economy, particularly for financial services and Islamic finance,” said Daler Fayziev, Chairman of Finran Group. “At Finran Group, we are developing the TEIZA Omnilayer protocol specifically to support Malaysia’s ambitions in institutional asset tokenisation, including Shariah-compliant Security Token Offerings (STOs), sukuk digitisation, and Shariah-compliant digital asset infrastructure.”
“We are deeply encouraged by Gobind’s leadership in advancing Malaysia’s blockchain agenda,” added Harpreet Singh Maan, President of ACCESS. “The Government’s forward-thinking approach to creating a robust regulatory environment will unlock opportunities for innovation and investment in digital assets.”
Building Shariah-compliant infrastructure for institutional tokenisation
Malaysia’s commitment to blockchain technology forms part of the broader digital transformation agenda outlined in the 13th Malaysia Plan and the Malaysia Digital Economy Blueprint. The National Blockchain Policy, currently being developed by the Ministry of Digital in consultation with stakeholders including Bank Negara Malaysia, the Securities Commission, and industry representatives, is expected to guide blockchain adoption across government services, financial institutions, and enterprise applications.
Finran Group continues to advance its mission of building institutional-grade blockchain infrastructure through the TEIZA Omnilayer protocol, which is designed to support financial institutions, Islamic finance providers, and government agencies in deploying compliant digital asset solutions. The company collaborates with industry partners to strengthen Malaysia’s position in the global blockchain ecosystem, with a particular focus on Islamic finance tokenisation, Shariah-compliant STOs, sukuk digitisation, institutional securities tokenisation, and cross-border Islamic financial services. As Malaysia moves forward with implementing its National Blockchain Policy, Finran Group remains committed to supporting the Government’s vision through continued participation in policy development and the deployment of Shariah-compliant, institutional-grade infrastructure with both public and private sector stakeholders.
