Registered Shariah Advisers
Shariah adviser means a person or a company approved and registered by the Securities Commission Malaysia (SC) as a Shariah adviser.
Shariah advisers play an important role in ensuring and maintaining public confidence in the Islamic Capital Market industry. Therefore, any institution intending to issue any Islamic financial instruments shall appoint Shariah advisers to ensure that the range of products and services offered by market participants are in accordance with Shariah rules and principles.

The SC may register any person or company as a Shariah adviser subject to the applicant satisfying the criteria set out in the Guidelines for Shariah Advisers.

The Guidelines for Shariah Advisers are issued by the SC pursuant to section 377 of the Capital Markets and Services Act 2007 (CMSA).

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