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.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , SapuraKencana

Next In Business News

Sunway falls short in IJM takeover bid
Ringgit advances to ends higher vs US$ on West Asia ceasefire hopes
DXN CEO Prajith Pavithran appointed executive director
PT Resources unit recognises RM17.81mil loss from Fujian factory fire
Bursa Malaysia reclassifies nominee trades into retail, institutional segments
90% of industry players expect supply chain disruptions within two weeks - FMM
Bursa Malaysia ends lower, KLCI retreats 0.86% on West Asia tensions
Oil prices fall on US-Iran receiving peace proposal
Gary Neal Christenson steps down as Bumi Armada CEO
Weststar Aviation inks RM2bil financing deal with AmBank to accelerate expansion

Others Also Read