KUALA LUMPUR: The Securities Commission Malaysia (SC) has released an updated list of Shariah-compliant securities approved by its Shariah Advisory Council.
In a statement here, it said, the list, which would take effect tomorrow, would feature a total of 686 shariah-compliant securities.
It said these securities constituted 76 per cent of the total 902 listed securities on Bursa Malaysia.
“The list includes 33 newly-classified Shariah-compliant securities and excludes 22 from the previous list issued in May 2017.
“The full list, updated twice a year based on the firms’ latest annual audited financial statements, is now available on the SC website at www.sc.com.my,” it said.
The SC said the next updated list would be made available in May 2018, based on the review of theaudited financial statements released up to March 31, 2018.