Quantitative Assessment | Revised Shariah Screening Methodology | Current Shariah Screening Methodology |
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Business activity benchmarks |
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Financial ratio benchmarks |
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Benchmark |
Activity |
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5% |
Conventional banking; Conventional insurance; Gambling; Liquor and liquor-related activities; Pork and pork-related activities; Non-halal food and beverages; Shariah non-compliant entertainment; and other activities deemed non-compliant according to Shariah |
10% |
Interest income from conventional accounts and instruments; Tobacco and tobacco-related activities; and other activities deemed non-compliant according to Shariah |
20% |
Rental received from Shariah non-compliant activities; and other activities deemed non-compliant according to Shariah |
25% |
Hotel and resort operations; Share trading; Stockbroking business; and other activities deemed non-compliant according to Shariah |
1. | Company A listed on Main Market, Bursa Malaysia Business activities: Property development, trading of building materials and manufacture and distribution of cigarettes (tobacco) |
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2. | Company B listed on Main Market, Bursa Malaysia Business activities: Property development, trading of building materials and construction works |
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