Kuala Lumpur, 30 November 2009
Updated List of Shariah-compliant Securities by SC’s Shariah Advisory Council
The Securities Commission Malaysia (SC) today released an updated list of Shariah-compliant securities approved by its Shariah Advisory Council (SAC).
The updated list, which will take effect on 30 November 2009, features a total of 846 Shariah-compliant securities. These counters constitute 88 per cent of the total 959 listed securities on Bursa Malaysia.
The list includes 13 newly classified Shariah-compliant securities and excludes four from the previous list issued in May 2009. It also indicates that Shariah-compliant securities are well represented in all sectors of industry (see tables attached).
The full list, which is updated twice a year, is now available here (pdf format). It will also be published in a booklet which can be obtained from the SC from 15 Dec 2009. The next updated list will be available in May 2010.
SECURITIES COMMISSION MALAYSIA