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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 will take effect on 31 May 2013, features a total of 801 Shariah-compliant securities. These counters constitute 88 per cent of the total 910 listed securities on Bursa Malaysia.
The list includes five (5) newly classified Shariah-compliant securities and excludes four (4) from the previous list issued in November 2012. It also indicates that Shariah-compliant securities are well represented in all sectors of industry (see tables attached).
The full list, which is updated twice a year, is now available on the SC website at www.sc.com.my. The next updated list, to be based on the revised Shariah screening methodology, will be made available in November 2013.
