Securities Commission Malaysia (SC) today released an updated list of Shariah-compliant securities approved by its Shariah Advisory Council (SAC).
The updated list, which takes effect on 24 November 2017, features a total of 686 Shariah-compliant securities. These securities constitute 76 per cent of the total 902 listed securities on Bursa Malaysia.
The list includes 33 newly-classified Shariah-compliant securities and excludes 22 from the previous list issued in May 2017.
The full list, updated twice a year based on the companies’ latest annual audited financial statements, is now available on the SC website at www.sc.com.my. The next updated list will be made available in May 2018, based on the review of the audited financial statements released up to 31 March 2018.
SECURITIES COMMISSION MALAYSIA
Members of the Media may contact Strategic Communications Department at 03-62048305 (Lau Mei San), 03-62048265 (Delyana Nordin), 03-62048326 (Teoh El Sen) or fax no.: 03-62015078 or e-mail: cau@seccom.com.my.
Background information:
Securities Commission Malaysia (SC), a statutory body reporting to the Minister of Finance, was established under the Securities Commission Act 1993. It is the sole regulatory agency for the regulation and development of capital markets. SC has direct responsibility for supervising and monitoring the activities of market institutions, including the exchanges and clearing houses, and regulating all persons licensed under the Capital Markets and Services Act 2007. More information about SC is available on its website at www.sc.com.my. Follow SC on twitter at @SecComMy for more updates.
