Bursa Malaysia launches world's first end-to-end Islamic exchange platform

Second Finance Minister Datuk Johari Abdul Ghani (L), Bursa Malaysia Bhd chairman Tan Sri Amirsham Aziz and Bursa Malaysia CEO Datuk Seri Tajuddin Atan (right).

KUALA LUMPUR: Bursa Malaysia has launched the world’s first end-to-end, fully integrated Islamic securities exchange platform, called the Bursa Malaysia-i.

The new platform offers investors the option of investing and trading Syariah-compliant products via a Syariah-compliant platform.

Bursa Malaysia Bhd chairman Tan Sri Amirsham Aziz said on Monday the platform would elevate the visibility of the country's marketplace and Islamic Participating Organisations (POs) as the emerging market leader for Sustainable and Responsible Investing, which shares many similarities to the principles of Islamic finance.

"By combining both these values, Bursa Malaysia's progress as a sustainable marketplace is further strengthened with our newly launched Syariah investing platform," he said during the launch.

Through the platform, he said, Bursa Malaysia hoped to increase the number of Syariah-compliant public listed companies and products, as well as boost the country’s Syariah market capitalisation.