June 1, 2019
KUALA LUMPUR – The Securities Commission Malaysia (SC) had released an updated list of Shariah-compliant securities approved by its Shariah Advisory Council (SAC).
The updated list, which takes effect on May 31, this year features a total of 689 Shariah-compliant securities.
These securities constitute 77 percent of the total 897 listed securities on Bursa Malaysia.
The list includes 14 newly-classified Shariah-compliant securities and excludes 10 from the previous list issued in November 2018.
The full list, updated twice a year based on the companies’ latest annual audited financial statements, is now available on www.sc.com.my.
The next updated list will be made available in November 2019, based on the review of the audited financial statements released up to 30 September 2019.