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Friday, 25 May 2012

Malaysia: SC lists 825 Syariah-compliant securities

KUALA LUMPUR (May 24, 2012): The Securities Commission (SC) today released an updated list of syariah-compliant securities approved by its Syariah Advisory Council.
In a statement today, the SC said the updated list, which would take effect on May 25 2012, featured a total of 825 syariah-compliant securities.
"These counters constitute 89% of the total 930 listed securities on Bursa Malaysia," it said.
The regulator said the list included five newly-classified syariah-compliant securities and none was excluded from the previous list issued in November 2011.
"The securities are China Stationery Ltd, EITA Resources Bhd, Fraser & Neave Holdings Bhd, Lingui Development Bhd and SapuraKencana Petroleum Bhd," it said.
It said syariah-compliant securities were well-represented in all sectors of industry.
The SC said the full list, which was updated twice a year, was now available on its website atwww.sc.com.my.

(The Sun Daily / 24 May 2012)



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