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Bursa Malaysia

BURSA MALAYSIA
 
Bursa Malaysia Bhd is an exchange holding company that regulates and operates the trading activities on Bursa Malaysia, a stock market with about 1,000 companies across 50 economic activities. This fully integrated exchange offers equities, derivatives, offshore, bonds as well as Islamic products and remains one of the largest bourses in Asia, offering a diverse range of investment choices globally.
 
BURSA MALAYSIA’S ISLAMIC MARKETS
 
Currently, 88% of the securities listed on Bursa Malaysia are Shariah-compliant and represent two-thirds of Malaysia’s market capitalisation. The Exchange adopts three comprehensive and transparent Shariah screening processes, namely the FTSE Group, Yasaar Ltd and the Securities Commission’s Shariah Advisory Council (SAC).

The FTSE Bursa Malaysia Hijrah Shariah index (FBM Hijrah Shariah) and the FTSE Bursa Malaysia EMAS Shariah index (FBM EMAS Shariah) provide a broad benchmark for Shariah-compliant investment. Malaysia is one of the largest sukuk issuance centres in the world and accounts for approximately two-thirds of the global sukuk outstanding. Bursa Malaysia topped the world’s exchanges in terms of value at a total of USD27.3 billion worth of sukuk programme listings in 2010.

Issuing sukuk in Malaysia is cost-effective as international issuers have the flexibility to issue either ringgit or non-ringgit denominated sukuk using international documentation, based on UK or US laws.

Bursa Suq Al Sila’ (BSAS) is a commodity trading platform specifically dedicated to facilitate Islamic liquidity management and financing by Islamic Financial Institutions (IFI). Bursa Suq Al-Sila’ is a world’s first which aims to provide industry players with a regulated framework with defined codes of conduct governing commodity trade in support of Islamic interbank placements, client deposits and financing as well as sukuk issuances using the concept of murabahah and tawarruq. Bursa Suq Al-Sila’ integrates the global Islamic financial and capital markets together with the commodity market through one single engine. It encompasses a hybrid market whereby participants may opt between voice broking or the automated web-based electronic system. It undertakes contracts in various currencies to facilitate crossborder trades between IFIs and commodity players worldwide.
 
For more information on Bursa Malaysia’s Islamic Markets, please visit www.bursamalaysia.com.