Tuesday 30 Apr 2024
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This article first appeared in The Edge Financial Daily on May 31, 2019

KUALA LUMPUR: The Securities Commission Malaysia (SC) has added 14 companies to its syariah-compliant securities list, and removed 10 from the list.

The newly classified 14 Syariah-compliant securities are Boustead Holdings Bhd, Bursa Malaysia Bhd, DGB Asia Bhd, DKSH Holdings (Malaysia) Bhd, Focus Point Holdings Bhd, G Neptune Bhd, Gagasan Nadi Cergas Bhd, Hubline Bhd, Mikro MSC Bhd, RGT Bhd, Sentoria Group Bhd, SLP Resources Bhd, Techbond Group Bhd and TFP Solutions Bhd.

Meanwhile, the excluded 10 are Benalec Holdings Bhd, CI Holdings Bhd, Coastal Contracts Bhd, Dutaland Bhd, FSBM Holdings Bhd, KESM Industries Bhd, mTouche Technology Bhd, NETX Holdings Bhd, SCH Group Bhd and Scicom (MSC) Bhd, according to the SC.

In a statement yesterday, the SC said the updated list, which will take effect today, features a total of 689 syariah-compliant securities.

These securities constitute 77% of the total 897 listed securities on Bursa Malaysia.

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