Shariah Compliance Review For Pre-IPO Securities

At pre-IPO stage, prospective issuer may apply to the SC for review of its securities to be classified as Shariah-compliant by the SAC. The Shariah-compliant status accorded to the securities of the prospective issuer may be disclosed in the prospectus during the offering period, subject to the prospective issuer’s discretion.

Application Kit
Please provide relevant information using the application form below. The information template acts as a general guide to the type of information required from applicants.
Title
Last Updated
LAST UPDATED:
13 Feb 2018
Information required
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13 Feb 2018
LAST UPDATED:
13 Feb 2018
Application form
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20 Jan 2022
Processing Fee
There is a processing fee (pdf) for a Shariah-compliance review at the pre-IPO stage.
Title
Last Updated
LAST UPDATED:
13 Feb 2018
Computation of Pre-IPO Fee
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20 August 2021
How to Apply?
The application for review of pre-IPO securities must be made through the applicant’s corporate adviser and submitted to:
Head
ICM Product
Islamic Capital Market
Securities Commission Malaysia
3, Persiaran Bukit Kiara
50490 Bukit Kiara, Kuala Lumpur

In addition to the submission of a hard copy of the application documents, an electronic copy of such documents must be submitted to the SC via email in the following manner:
Documents must be in a text searchable Portable Document Format (PDF);
The PDF-text files must be in a readable and proper condition; and
In a size of up to 10 MB per email to [email protected]
For further clarification, please contact:
Mohamad Zahril Jumari
Tel: +603-62048972
E-mail: [email protected]

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