SC updates list of Shariah-compliant securities
Published on: Friday, May 27, 2016
Kuala Lumpur: The Securities Commission Malaysia (SC) has released an updated list of Shariah-compliant securities approved by its Shariah Advisory Council (SAC).The list, effective tomorrow (Friday), features a total of 669 Shariah-compliant securities and these securities constitute 74 per cent of the total 905 listed securities on Bursa Malaysia, it said in a statement.It includes 20 newly classified Shariah-compliant securities and excludes 15 from the previous list issued in November 2015.ADVERTISEMENT The shariah-compliant securities are well represented in the different business sectors and includes among others, comsumer products, industrial products, construction, trading and services.Stay up-to-date by following Daily Express’s Telegram channel.
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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 Nov 2016, based on the review of the audited financial statements released up to Sept 30, 2016. – Bernama