SME News | Over 81% of PLCs on Bursa Malaysia are Shariah compliant

Some 820 companies or 81.3 per cent of the total 1,009 public-listed companies (PLCs) on Bursa Malaysia are Shariah - compliant as at May 27, 2024, said Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar.
He said the exchange has facilitated the growth in the Islamic capital market through its end - to - end Shariah - compliant trade, clearing and settlement platform named Bursa Malaysia - i.
"Anyone can trade in any Shariah - compliant stocks in a truly Shariah - compliant manner, from ordering, trading, settlement, and depository," he said during a panel session entitled "Fostering Finance at Scale through Capital Markets" at the Global Forum on Islamic Economics and Finance (GFIEF) here.
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