SC to launch Maqasid Al-Syariah guide

Awang Adek said that through the guide, investors will be able to invest not only in syariah-compliant products but also in those aligned with Maqasid-al-Syariah.

KUALA LUMPUR: The Securities Commission (SC) is planning to launch guidance on principle-based Maqasid al-Syariah before the year-end.

Chairman Datuk Seri Dr Awang Adek Hussin said through the guide, investors will be able to invest not only in syariah-compliant products but also in those aligned with Maqasid-al-Syariah (the objective or purpose behind Islamic rulings).