Kuala Lumpur: The Securities Commission Malaysia (SC) has released an updated list of Shariah-compliant securities approved by its Shariah Advisory Council.The updated list, which takes effect on Nov 25, 2016, features a total of 672 Shariah-compliant securities, it said in a statement here.These securities constitute 74 per cent of the total 904 listed securities on Bursa Malaysia.
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"The list includes 34 newly classified Shariah-compliant securities and excludes 30 from the previous list issued in May 2016," it said.
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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 May 2017, based on the review of the audited financial statements released up to March 31, 2017. – Bernama
