THE Securities Commission Malaysia (SC) announced today that it has taken a significant step towards formalising social impact fundraising with the launch of new regulatory guidelines for the country’s first social exchange platform.
The ‘Guidelines on Social Exchange Platforms’ set out a clear framework for the operation of such platforms, including eligibility conditions for non-profit organisations (NPOs), disclosure obligations and ongoing reporting requirements.
The aim is to ensure that funds raised for social causes are utilised transparently and effectively.
“The Social Exchange ensures transparency and accountability in fundraising towards social impact projects,” said SC Chairman Dato’ Mohammad Faiz Azmi. “This will strengthen public trust and mobilise more resources towards meaningful social impact.”
The initiative is aligned with the goals of the 13th Malaysia Plan, which prioritises inclusivity, social equity and sustainable development.
The social exchange is expected to act as a formal capital market mechanism for Malaysia’s third sector—comprising charities, foundations and community organisations—to raise funds for verified social initiatives.
The SC said the platform will broaden the scope of Malaysia’s capital market to support social progress, while instilling greater confidence among donors and institutional supporters.
Applications to operate a social exchange open today, 19 September 2025. Interested NPOs are advised to review the guidelines, which take immediate effect, to understand the requirements and prepare for participation. - September 19, 2025
