All Entries in the "Islamic Finance" Category
Updated List of Shariah-compliant Securities by SC’s Shariah Advisory Council
The Securities Commission Malaysia (SC) on November 25 released an updated list of Shariah-compliant securities approved by its Shariah Advisory Council (SAC). The updated list, which takes effect on 25 November 2011, features a total of 839 Shariah-compliant securities. These counters constitute 89 percent of the total 946 listed securities on Bursa Malaysia. The list [...]
List of Malaysian Approved Islamic Funds
Affin Fund Management Berhad * Dana Islamiah Affin – Balanced Fund * Affin Islamic Equity Fund – Equity Fund * Affin Islamic Money Market Fund – Money Market Fund Alliance Investment Management Berhad * Alliance Dana Adib – Equity Fund * Alliance Islamic Money Market Fund – Money Market Fund * Alliance Dana Alif – [...]
Bloomberg Launches Malaysian Foreign Currency Sukuk Index
Bloomberg executives announced June 8 the launch of the Bloomberg Malaysian Foreign Currency Sukuk Index (BMSSUTR), a non-ringgit denominated index developed in conjunction with Bank Negara Malaysia. The new Bloomberg index provides a global benchmark for the performance of sukuk bonds and the ability to track movements of foreign currency issues. “The Islamic financial marketplace [...]
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 [...]
Al Rajhi Registered As CTP On Bursa Suq Al-Sila’
Al Rajhi Investment and Banking Corporation Malaysia Berhad (Al Rajhi) has been registered as a Commodity Trading Participant (CTP) with Bursa Malaysia Islamic Services (BMIS), a subsidiary of Bursa Malaysia Berhad, to trade on the Bursa Suq Al-Sila’. Bursa Suq Al-Sila’ is the world’s first end-to-end Shariah-compliant commodity trading platform that facilitates commodity based Islamic [...]
Bursa Malaysia and Bahrain Financial Exchange In Collaboration Talks
Bursa Malaysia Berhad (Bursa Malaysia) and Bahrain Financial Exchange (BFX) today inked a Memorandum of Understanding (MoU) to develop a commercial agreement between the two exchanges to provide financial products to Islamic market participants and strengthen bilateral ties between both organisations. Among others, the MoU will involve a feasibility study to identify products and market [...]
