|
KLSI (Kuala Lumpur Syariah Index)
On 22nd January 2007 Bursa Malaysia Berhad (Bursa Malaysia), in
collaboration with FTSE Group (FTSE) the global index provider, launched the FTSE Bursa Malaysia
EMAS Shariah Index (FBM Emas Shariah).
The new index ran parallel with KLSI for nine months and KLSI was
deactivated on 1 November 2007. Thereafter FTSE-Bursa Malaysia EMAS Shariah Index became the
singular broad Shariah benchmark index for Malaysian Shariah-compliant investments.
FBM Emas Shariah index design is in line with FTSE internationally
accepted index methodology by taking the constituents of the FTSE Bursa Malaysia EMAS Index, which
has been free float weighted and liquidity screened, and overlays the Securities Commission’s
Shariah Advisory Council’s (SAC) screening methodology to derive a highly investable and
transparent Shariah-compliant index.
Second Board and MESDAQ Indices
On 10th September 2007, the FTSE Bursa Malaysia Second Board
Index and FTSE Bursa Malaysia MESDAQ Index, the two benchmark indices covering the Malaysia Second
Board and MESDAQ Market were launched. The new indices complete the conversion to the FTSE Bursa
Malaysia (FBM) main index series.
The new indices ran parallel with the Second Board Index and MESDAQ
Index until the Second Board Index and MESDAQ Index were deactivated on 1 November 2007.
|
