Kuala Lumpur, 28 May 2009



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 on 29 May 2009.



The updated list features a total of 848 securities which are classified by the SAC as Shariah-compliant securities. These counters constitute 88 per cent of the listed securities on Bursa Malaysia.



The list includes 13 newly classified Shariah-compliant securities (Table 1) and excludes one which was in the previous list issued in November 2008 (Table 2).



The list also indicates that Shariah-compliant securities are well represented in all sectors of industry (Table 3).



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.



The full list, which is updated twice a year, is available here. The next updated list will be available in November 2009.



The list will also be published in a booklet form and will be made available free of charge at the SC from 16 June 2009.



SHARIAH-COMPLIANT SECURITIES


 



Table 1: Newly classified Shariah-compliant securities




























































No.


Stock Code


Name of Security


No.


Stock Code


Name of Security


1.


0150


ASIA Bioenergy Technologies Bhd


8.


2186


Kuchai Development Bhd


2.


6297


Box-Pak (Malaysia) Bhd


9.


1945


PJ Development Holdings Bhd


3.


2852


Cahya Mata Sarawak Bhd


10.


5078


SILK Holdings Bhd


4.


5355


Daiman Development Bhd


11.


9865


Suiwah Corporation Bhd


5.


0149


Fibon Bhd


12.


4308


Sunway Holdings Bhd


6.


4251


I-Berhad


13.


6831


UBG Bhd


7.


5614


Integrated Logistics Bhd



 



 


Table 2: Newly classified Shariah-non compliant securities












No.


Stock Code


Name of Security


1.


8885


Reliance Pacific Bhd


 


Table 3: Shariah-compliant securities on Bursa Malaysia











































































SHARIAH-COMPLIANT SECURITIES ON BURSA MALAYSIA

Main Board/
Second Board/
MESDAQ Market


Shariah-compliant
securities


Total
securities 1


Percentage
Of Shariah-compliant
securities

Consumer Products

123


132


93


Industrial Products


282


291


97


Mining


1


1


100


Construction


50


52


96


Trading / Services


167


199


84


Properties


76


90


84


Plantation


38


43


88


Technology


99


102


97


Infrastructure (IPC)


6


7


86


Finance


6


41


15


Hotels


Nil


4


Nil


Closed End Fund


Nil


1


Nil

TOTAL

848


963


88



SECURITIES COMMISSION


1 As at 21 May 2009