Published On: Sat, May 28th, 2011

Malaysia Updated List of Shariah-compliant Securities

The Securities Commission Malaysia (SC) released May 27 an updated list of Shariah-compliant securities approved by its Shariah Advisory Council (SAC).

The updated list, which takes effect today, features a total of 847 Shariah-compliant counters which constitute 89 per cent of the total 957 listed securities on Bursa Malaysia.

The list includes 24 newly classified Shariah-compliant securities and excludes five from the previous list issued in November 2010. It also indicates that Shariah-compliant securities are well represented in all sectors of industry (see tables below).

The full list, which is updated twice a year will be published in a booklet which can be obtained from the Malaysia SC from 10 June 2011. The next updated list will be available in November 2011.

Asia Bioenergy Technologies Bhd
Asia Media Group Bhd*
Benalec Holdings Bhd*
Berjaya Food Bhd*
Boilermech Holdings Bhd
Careplus Group Bhd*
Century Software Holdings Bhd
Focus Lumber Bhd*
Golden Plus Holdings Bhd
Ideal Jacobs (Malaysia) Corporation Bhd
K. Seng Seng Corporation Bhd
Kluang Rubber Co (M) Bhd
Land and General Bhd
ManagePay Systems Bhd
Maxwell International Holdings Bhd
MClean Technologies Bhd
Pan Malaysian Industries Bhd
Petronas Chemicals Group Bhd*
PJ Development Holdings Bhd
Smartag Solutions Bhd
Sungei Bagan Rubber Co (M) Bhd
Tambun Indah Land Bhd
YTL E-Solutions Bhd
* The securities of these companies have been classified as Shariah compliant at IPO stage

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