Shariah-compliant Securities

Bursa Malaysia on 22 January 2007 added FTSE Bursa Malaysia Emas Shariah Index and on 21 May 2007 further added FTSE Bursa Malaysia Hijrah Index to its series of FTSE Bursa Malaysia indices. These new Indices are subjected to the same international indexing features such as free float and liquidity. Therefore, the investors are now able to have a clearer picture of the quality of Shariah investments and track them more effectively on Bursa Malaysia. FTSE Bursa Malaysia Hijrah index comprises companies from FTSE Bursa Malaysia Emas Shariah Index that meet international screening requirements of Shariah investors.

In an effort to broaden the development of overall Islamic financial services in Malaysia, Bursa Malaysia released the Best Practices in Islamic Stockbroking Services guidelines in September 2007. The Best Practices is a set of voluntary guidelines that outline key areas and recommended best practices in carrying out stockbroking services in accordance with Shariah principles. The guidelines can be used to assist intermediaries in setting up stockbroking businesses through either a full-fledge basis or 'window' basis.