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 30 May 2014, features a total of 665 Shariah-compliant securities. These counters constitute 73 per cent of the total 905 listed securities on Bursa Malaysia.
The list includes twenty-eight (28) newly classified Shariah-compliant securities and excludes nine (9) from the previous list issued in November 2013. The Shariah-compliant securities are well represented in the different business sectors (Appendix).
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 2014.
