May 31, 2017
KUALA LUMPUR – Securities Commission Malaysia (SC) has recently released an updated list of Shariah-compliant securities approved by its Shariah Advisory Council (SAC).
The updated list, which takes effect on 26 May 2017, features a total of 676 Shariah-compliant securities. These securities constitute 75 per cent of the total 901 listed securities on Bursa Malaysia.
The list includes 23 newly-classified Shariah-compliant securities and excludes 13 from the previous list issued in November 2016.
The full list, 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 2017, based on the review of the audited financial statements released up to 30 September 2017.