Kuala Lumpur, 24 May 2007


Updated List of Shariah-compliant securities by SC’s Shariah Advisory Council


The Securities Commission (SC) today released an updated list of Shariah-compliant securities approved by its Shariah Advisory Council (SAC). The updated list of Shariah-compliant securities listed on Bursa Malaysia will take effect from 25 May 2007. The full list is available here.


Seventeen securities, newly classified by the SAC as Shariah-compliant securities, have been added to the list (Table 1), which currently totals 875 securities. Eleven securities, which were in the October 2006 list, have been excluded (Table 2).


Based on the current list, 86 per cent of the listed securities on Bursa Malaysia are classified as Shariah-compliant. Shariah-compliant securities are also well represented in all sectors of industry as shown in Table 3.


The latest list also provides the names of new companies that have taken over the listing status of previously listed Shariah-compliant companies (Table 4). In this instance, the Shariah status of the securities will only be determined after sufficient information has been obtained from the new companies.


In classifying the listed securities, the SAC received input and support from the SC and has applied a standard criterion in focusing on the activities of the companies listed on Bursa Malaysia . The approach and criteria in classifying the securities as well as the SAC’s advice and guidance on disposal of Shariah non-compliant securities are stated in the list.


A booklet on the list will be published soon and is issued free of charge by the SC. The next updated list will be available in November 2007.


Table 1: Newly classified Shariah-compliant securities










































































No. Stock Code Name of Securities No. Stock Code Name of Securities
1. 7233 Dufu Technology Bhd 10. 5125 Pantech Group Holdings Bhd *
2. 3417 Eastern & Oriental Bhd 11. 7232 Resintech Bhd
3. 0136 Greenyield Bhd 12. 2739 Sino Hua-An International Bhd
4. 0139 H-Display (MSC) Bhd 13. 7235 Superlon Holdings Bhd
5. 5122 Kencana Petroleum Bhd 14. 0140 Tejari Technologies Bhd
6. 5129 Melati Ehsan Holdings Bhd 15. 2305 The Ayer Hitam Planting Syndicate Bhd
7. 0138 My E.G. Services Bhd * 16. 6327 Tradewinds Plantation Bhd
8. 7237 Natural Bio Resources Bhd * 17. 5131 Zhulian Corporation Bhd *
9. 5128 Ogawa World Bhd *      


* The securities of these companies have been classified as Shariah-compliant at IPO stage


Table 2: Newly classified Shariah-non compliant securities





















































No. Stock Code Name of Securities No. Stock Code Name of Securities
1. 7048 Atlan Holdings Bhd 7. 2011 Lingui Development Bhd
2. 5606 Goldis Bhd 8. 3824 Malaysian Mosaic Bhd
3. 3034 Hap Seng Consolidated Bhd 9. 8389 Metacorp Bhd
4. 3441 Johan Holdings Bhd 10. 1945 PJ Development Holdings Bhd
5. 7017 Komarkcorp Bhd 11. 5304 PROTON Holdings Bhd
6. 3565 Kumpulan Europlus Bhd      


Table 3: Shariah-compliant securities on Bursa Malaysia  










































































Main Board/ Second Board/ MESDAQ Market  
Shariah-compliant securities


Total securities


Percentage of Shariah-compliant securities

Consumer Products
126


135


93

Industrial Products
286


308


93

Mining
1


1


100

Construction
57


59


97

Trading / Services
167


204


81

Properties
80


100


80

Plantation
41


47


87

Technology
105


106


99

Infrastructure (IPC)
8


9


89

Finance
5


47


11

Hotels
Nil


5


Nil

Closed End Fund
Nil


2


Nil

TOTAL
876


1023


86


Table 4: New securities assuming listing status of previously Shariah-compliant securities *














No. New Securities No. Previous securities that have been delisted from Bursa Malaysia
1. Gefung Holdings Bhd 1. Jin Lin Wood Industries Bhd


* As at 16 May 2007



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