Bursa Malaysia, Pribumi launch world's first zakat index


Bursa Malaysia chairman Tan Sri Abdul Wahid Omar.

KUALA LUMPUR: Bursa Malaysia Bhd and Persatuan Remisier Bumiputera Malaysia (PRIBUMI) have launched the PRIBUMI Bursa Malaysia Zakat Index (PBMZI), a new customised index designed to promote greater recognition of public listed companies (PLCs) that choose to adopt corporate zakat practice.

The exchange’s chairman Tan Sri Abdul Wahid Omar said the launch of the Zakat Index -- the world’s first -- seeks to recognise zakat-paying listed issuers and encourage greater zakat contributions from more PLCs.

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

Next In Business News

High court approves Capital A's capital reduction, working towards PN17 status uplift
Stocks shaken by geopolitical fears, Japanese bonds bounce after selloff
China completes first phase of 6G technology trials
ACE Market-bound Kee Ming Group to raise RM31.50mil from IPO
Bursa Malaysia continues uptrend at midday, CI stays above 1,700
Gold crosses US$4,800 for the first time as US, EU spar over Greenland
Oil prices fall as risks from Kazakh production halt subside
ACE Market-bound Ambest aims to raise RM27.5mil from IPO
Steel Hawk unit secures contract for fire rated doors in Sabah
Binastra unit accepts RM742.86mil building contract in Johor

Others Also Read