Updated List of Shariah-compliant Securities by SC’s Shariah Advisory Council
28 May 2009   |   Kuala Lumpur
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

1 As at 21 May 2009
SURUHANJAYA SEKURITI MALAYSIA
SC-World Bank-IOSCO Asia Pacific Hub Conference 2019: Enhancing Financial Inclusion through Islamic Finance and FinTech
(From left to right):
  1. Abayomi A. Alawode, Head of Islamic Finance, Finance, Competitiveness and Innovation, The World Bank Group
  2. Datuk Syed Zaid Albar, Chairman of the Securities Commission Malaysia (SC)
  3. Dr. Firas Raad, Country Manager for Malaysia, East Asia and Pacific, The World Bank Group 
  4. Datuk Zainal Izlan Zainal Abidin, Deputy Chief Executive of SC
GET IN TOUCH
HOTLINE: +603-6204 8000
related sites
© Copyright Securities Commission Malaysia   |   Contact Us   |  Disclaimer  |  The site is best viewed using Internet Explorer 11 and Google Chrome with mimimum resolution of 1280x1024
Ooops!
Generic Popup