FGV, IHH, MAS now Shariah-compliant
Publish date: Thu, 29 Nov 2012, 07:28 PM
Felda Global Ventures (FGV),IHH Healthcare, Malaysian Airline System (MAS), Gas Malaysia and Oldtown are among the 13 newly classified Shariah-compliant securities listed by the Securities Commission(SC).
The SC today released an updated list of Shariah-compliant securities approved by its Shariah Advisory Council (SAC). The updated list, which will take effect on Nov 30, 2012, features a total of 817 Shariah-compliant securities.
These counters constitute 89 per cent of the total 923 listed securities on Bursa Malaysia, SC said in a statement today. Besides including the 13 newly classified Shariah-compliant securities, it also excluded five from the previous list issued in May 2012.
The other eight newly classified Shariah-compliant securities are Catcha Media, Datasonic, Gabungan AQRS, Globaltec Formation, OCK Group, Paramount Corp,Pasukhas Group and Pestech International.
Meanwhile, the five newly classified Shariah non-compliant securities are Brem Holdings, Gopeng, Naim Indah, OSK Ventures and Tadmax Resources.
The list also indicates that Shariah-compliant securities are well represented in all sectors of industry. The full list, which is updated twice a year, is now available on the SC website at www.sc.com.my.
The next updated list will be available in May 2013, - Bernama
The SC today released an updated list of Shariah-compliant securities approved by its Shariah Advisory Council (SAC). The updated list, which will take effect on Nov 30, 2012, features a total of 817 Shariah-compliant securities.
These counters constitute 89 per cent of the total 923 listed securities on Bursa Malaysia, SC said in a statement today. Besides including the 13 newly classified Shariah-compliant securities, it also excluded five from the previous list issued in May 2012.
The other eight newly classified Shariah-compliant securities are Catcha Media, Datasonic, Gabungan AQRS, Globaltec Formation, OCK Group, Paramount Corp,Pasukhas Group and Pestech International.
Meanwhile, the five newly classified Shariah non-compliant securities are Brem Holdings, Gopeng, Naim Indah, OSK Ventures and Tadmax Resources.
The list also indicates that Shariah-compliant securities are well represented in all sectors of industry. The full list, which is updated twice a year, is now available on the SC website at www.sc.com.my.
The next updated list will be available in May 2013, - Bernama
Discussions
Be the first to like this. Showing 14 of 14 comments
this will help shore up FGV and IHH to show its not a failure and also allow govt to protect MAS' interest!
2012-11-29 20:48
I thought MAS still serve alcohol? And the kebaya uniform worn by the stewardesses is still as 'arousing' as ever, LOL...
2012-11-30 08:40
Really don't know what to say to SCA; they were classified MAS as Shariah compliant. Their plane serve alcohol. Sudah terang lagi bersuluh. "Yang halal itu jelas, yang haram itu jelas..."
2012-11-30 08:47
Now we can buy MAS shares with heavenly peace. Never mind the management, the losses, etc. Our profits are in heaven.
2012-11-30 08:52
Mas sell alcohol = ok
FGV make fatty alcohol = ok
IHH inject you with alcohol = ok
Hmm......
2012-11-30 12:50
alcohol is okay if you dont abuse it.
shariah-compliant is plain stupid, the last thing modern society need is putting religion tag at anywhere.
2012-11-30 13:08
Oh...yes,that's true.If you want do do hair cut at Kelantan or Terengganu,you cannot looking for mei mei already,just allowed to visit aneh barber shop.
2012-11-30 13:42
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MAS buyers can be glad of this news. more syariah compliant institutional funds can now start buying it! upside is expected!
singh's favorite gasmulut, er.. gasmsia also there! hahahaha
2012-11-29 20:47