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Securities Commission Malaysia: Updated List Of Shariah-Compliant Securities

Date 27/05/2011

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 today, features a total of 847 Shariah-compliant counters which constitute 89 per cent of the total 957 listed securities on Bursa Malaysia.  

The list includes 24 newly classified Shariah-compliant securities and excludes five from the previous list issued in November 2010. 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. It will also be published in a booklet which can be obtained from the SC from 10 June 2011. The next updated list will be available in November 2011.

SHARIAH-COMPLIANT SECURITIES

Table 1: Newly classified Shariah-compliant securities

No.

Stock Code

Name of Security

No.

Stock Code

Name of Security

1.

5194

APFT Bhd*

13.

2453

Kluang Rubber Co (M) Bhd

2.

0150

Asia Bioenergy Technologies Bhd

14.

3174

Land and General Bhd

3.

0159

Asia Media Group Bhd*

15.

0156

ManagePay Systems  Bhd

4.

5190

Benalec Holdings Bhd*

16.

5189

Maxwell International Holdings Bhd

5.

5196

Berjaya Food Bhd*

17.

0167

MClean Technologies Bhd

6.

0168

Boilermech Holdings Bhd

18.

4103

Pan Malaysian Industries Bhd

7.

0163

Careplus Group Bhd*

19.

5183

Petronas Chemicals Group Bhd*

8.

5195

Century Software Holdings Bhd

20.

1945

PJ Development Holdings Bhd

9.

5197

Focus Lumber Bhd*

21.

0169

Smartag Solutions Bhd

10.

2968

Golden Plus Holdings Bhd

22.

2569

Sungei Bagan Rubber Co (M) Bhd

11.

0162

Ideal Jacobs (Malaysia) Corporation Bhd

23.

5191

Tambun Indah Land Bhd

12.

5192

K. Seng Seng Corporation Bhd

24.

0009

YTL E-Solutions Bhd

* The securities of these companies have been classified as Shariah compliant at IPO stage

 

Table 2: Newly classified Shariah-non compliant securities

No.

Stock Code

Name of Security

No.

Stock Code

Name of Security

1.

6599

AEON Co. (M) Bhd

4.

0017

M3 Technologies (Asia) Bhd

2.

7156

Baswell Resources Bhd

5.

5119

Swee Joo Bhd

3.

2011

Lingui Developments Bhd

 

 

 

 

 Table 3: Shariah-compliant securities on Bursa Malaysia


SHARIAH-COMPLIANT SECURITIES ON BURSA MALAYSIA

Main Market/

ACE Market

Shariah-compliant

Securities

Total

securities [1]

Percentage of Shariah-compliant securities (%)

Consumer Products

130

142

92

Industrial Products

276

287

96

Mining

1

1

100

Construction

45

46

98

Trading / Services

169

195

87

Properties

76

90

84

Plantation

38

41

93

Technology

102

104

98

Infrastructure (IPC)

7

7

100

Finance

3

38

8

Hotels

Nil

5

Nil

Closed End Fund

Nil

1

Nil

TOTAL

847

957

89

[1]  As at 20 May 2011