IslamicFinance.de

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 27 November 2015, features a total of 667 Shariah-compliant securities. These securities constitute 74 per cent of the total 901 listed securities on Bursa Malaysia.
The list includes thirty-five (35) newly classified Shariah-compliant securities and excludes thirty-nine (39) from the previous list issued in May 2015.
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 May 2016, based on the review of the audited financial statements released up to 31 March 2016.