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 27 May 2016, features a total of 669 Shariah-compliant securities. These securities constitute 74 per cent of the total 905 listed securities on Bursa Malaysia.
The list includes 20 newly classified Shariah-compliant securities and excludes 15 from the previous list issued in November 2015.
The full list, which is updated twice a year based on the companies' latest annual audited financial statements, is now available on the SC website at www.sc.com.my. The next updated list will be made available in November 2016, based on the review of the audited financial statements released up to 30 September 2016.
SECURITIES COMMISSION MALAYSIA
Members of the Media may contact the Corporate Affairs Department at 03-62048305 (Lau Mei San), 03-62048265 (Delyana Nordin), 03-62048242 (Mohamad Lutfi Hakim), or fax no.: 03-62015078 or e-mail: cau@seccom.com.my.
Background information:
The Securities Commission Malaysia (SC), a statutory body reporting to the Minister of Finance, was established under the Securities Commission Act 1993. It is the sole regulatory agency for the regulation and development of capital markets. The SC has direct responsibility for supervising and monitoring the activities of market institutions, including the exchanges and clearing houses, and regulating all persons licensed under the Capital Markets and Services Act 2007. More information about the SC is available on its website at www.sc.com.my. Follow SC on twitter at @SecComMy for more updates.
© Press Release 2016
