Malaysia’s Securities Commission releases updated list of Shariah-compliant securities by Shariah Advisory Council

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 November 2018, features a total of 689 Shariah-compliant securities. These securities constitute 76 percent of the total 902 listed securities on Bursa Malaysia.

The list includes 33 newly-classified Shariah-compliant securities and excludes 34 from the previous list issued in May 2018.

The full list, 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 2019, based on the review of the audited financial statements released up to 31 March 2019.