KUALA LUMPUR: Bursa Malaysia Bhd
has onboarded Nomura Securities Malaysia Sdn Bhd on Bursa Malaysia-i to enhance market accessibility for Shariah-compliant investments.
The exchange said the addition of Nomura Securities, part of Japanese financial services group Nomura, marks the second entry of a foreign broker on the end-to-end Shariah-compliant investing platform, paving the way for market participation from a wider pool of investors in Malaysia and beyond.
With the inclusion of Nomura Securities, Bursa Malaysia-i now comprises a network of 20 Islamic Participating Organisations (POs).
Bursa Malaysia chief executive officer Datuk Fad’l Mohamed said the addition of Nomura Securities’ Islamic stockbroking service offering reflects the growing interest and confidence in Malaysia’s Islamic capital market proposition.
"Over 80 per cent of listed securities on our exchange are Shariah-compliant, representing 66 per cent of Bursa Malaysia’s total market capitalisation of RM2 trillion.
"Our marketplace is well-positioned to meet the growing needs of both international and domestic investors seeking Shariah-compliant investment opportunities,” he said.
Bursa Malaysia said Islamic stockbroking enables investors to trade Shariah-compliant securities on Bursa Malaysia-i via a dedicated Islamic window or a full-fledged Islamic brokerage, ensuring clear separation between Islamic and conventional transactions across both trading and post-trading activities. - Bernama
