The Shariah Advisory Council (SAC) of the SC conducts Shariah compliance review on securities listed as well as for securities to be listed on Bursa Malaysia.
Prospective issuers, at pre-IPO stage may apply to the SC to have such reviews conducted and have an opportunity to advertise or disclose the Shariah status of their securities in the prospectus of the company during the offering period.
Please provide relevant information using the application formbelow. The information template acts as a general guide to the type of information required from applicants.
Shariah compliance review is made upon request by the applicant (voluntary) and the decision to disclose the result of the Shariah compliance review to the public is at the discretion of the applicant.
The application for the SC to conduct a Shariah-compliance review for pre-IPO securities must be made through the applicant’s corporate adviser and submitted to:
General Manager and Head Product Evaluation Department Islamic Capital Market Development Securities Commission Malaysia 3, Persiaran Bukit Kiara 50490 Bukit Kiara Kuala Lumpur
For further clarification, please contact:
Mohamad Zahril Jumari
Tel: +603-2091 0705
E-mail: [email protected]
