List of shari'ah-compliant securities with Bursa Malaysia updated

The Shariah Advisory Council (SAC) of the Securities Commission Malaysia (SC) has approved an updated list of shari'ah-compliant securities which are listed on Bursa Malaysia.

Thirty-five securities have been newly classified by the SAC as shari'ah-compliant securities, while 39 securities have been removed, making a total of 667 securities.

The SAC, through the SC, will continue to review the shari'ah status of securities listed on Bursa Malaysia on an annual basis, based on the latest available annual audited financial statements of the companies. For the purposes of the list as of 27 November, the financial statements dated up to 30 September 2015 were studied.

Interested?

View the full list (PDF), which also includes details of how shari'ah compliance is determined.

Securities Commission Malaysia updates list of shari'ah-compliant securities

The Securities Commission Malaysia (SC) has released an updated list of shari'ah-compliant securities approved by its Shariah Advisory Council (SAC).

The updated list features a total of 665 shari'ah-compliant securities, including 28 newly classified shari'ah-compliant securities and excludes nine from the previous list issued in November 2013. These counters constitute 73% of the 905 listed securities on Bursa Malaysia.


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. The next list will be made available in November 2014.

Shari'ah mode for BursaMktPlc virtual marketplace

Bursa Malaysia, formerly known as the Kuala Lumpur Stock Exchange, has unveiled BursaMktPlc ('Bursa Marketplace'), a virtual marketplace that provides rich market insights and trading ideas for investors. 

Bursamktplc offers access to big market data and analytical tools, such as the AlphaFactor quantitative tool from S&P Capital IQ which was previously limited to institutional and expert investors.
 
The launch was officiated by Yang Berhormat Dato’ Seri Haji Ahmad Husni Mohamad Hanadzlah, Minister of Finance II at the first Capital Market Marketplace Huddle organised by Bursa Malaysia.
 
Dato’ Tajuddin Atan, Chief Executive Officer of Bursa Malaysia said, “With BursaMktPlc we are putting the 'market-in-the-pocket' of all Malaysians by providing online access to comprehensive, objective and accurate information about our marketplace. Through the use of digital and social media we are connecting to new markets by engaging a new generation of investors, particularly Malaysia's baby boomers, those between 25 and 35 years of age.”
 

BursaMktPlc
FEATURES	DESCRIPTION
AlphaFactor	A quantitative tool that ranks stocks based on price momentum, valuation, historical growth, capital efficiency and earnings quality
Daily Espresso	Daily trend of analyst recommendations combined with AlphaFactor rankings
Level 2 Financial Information	View company financials beyond the usual top-line information
Research	Broker research and narket insights
Shari'ah Mode	Shari'ah filter for the site
My.Mkt	Watch list and portfolio management tool
$Tag (cashtag)	Allows users to click on stock symbols and see what the Twitterverse is saying about that stock (e.g. $BURSA)
Educational videos	On how to get started on investing and trading

Read more at www.bursamarketplace.com.