KUALA LUMPUR: The Securities Commission (SC) has released an updated list of syariah-compliant securities approved by its Shariah Advisory Council.
In a statement on Thursday, it said the list, which would take effect on Friday, would feature a total of 686 syariah-compliant securities.
It said these securities constituted 76% of the total 902 listed securities on Bursa Malaysia.
“The list includes 33 newly-classified syariah-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 the audited financial statements released up to March 31, 2018. - Bernama