SapKen seeks to be reinstated in syariah-compliant list

Shahril:’ We will continue to capitalise on Islamic financing, as it is more effective to finance our growth.’

KUALA LUMPUR: Integrated oil and gas (O&G) services and solutions provider SapuraKencana Petroleum Bhd (SapKen) has submitted its application to the Securities Commission (SC) to be reinstated into the syariah-compliant list.

The move came as the Employees Provident Fund announced yesterday that it would offer an Islamic investment option to its members by 2017, which analysts said could be a boon to the country’s Islamic finance sector.