SC Releases Updated List of Shariah-compliant Securities

28 November 2019 | Kuala Lumpur

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 takes effect on 29 November 2019, features a total of 696 Shariah-compliant securities. These securities constitute 77 per cent of the total 900 listed securities on Bursa Malaysia.

The list includes 38 newly-classified Shariah-compliant securities and excludes 29 from the previous list issued in May 2019.

The full list, updated twice a year based on the companies’ latest annual audited financial statements, is now available on the SC website here. The next updated list will be made available in May 2020, based on the review of the audited financial statements released up to 31 March 2020.

SECURITIES COMMISSION MALAYSIA

SC-World Bank-IOSCO Asia Pacific Hub Conference 2019: Enhancing Financial Inclusion through Islamic Finance and FinTech
(From left to right):

Abayomi A. Alawode, Head of Islamic Finance, Finance, Competitiveness and Innovation, The World Bank Group
Datuk Syed Zaid Albar, Chairman of the Securities Commission Malaysia (SC)
Dr. Firas Raad, Country Manager for Malaysia, East Asia and Pacific, The World Bank Group
Datuk Zainal Izlan Zainal Abidin, Deputy Chief Executive of SC

about the SC

The Securities Commission Malaysia (SC) was established on 1 March 1993 under the Securities Commission Act 1993 (SCA). We are a self-funded statutory body entrusted with the responsibility to regulate and develop the Malaysian capital market.

General Line: +603-6204 8000
General Email: [email protected]