Page 172 - SC Annual Report 2018 (ENG)
P. 172
Securities
Commission
Malaysia
ANNUAL
REPORT
2018
IsLAMIc
cAPITAL MARKeT
The Islamic capital market (ICM) represented Advisory Council (SAC) in May and November 2018
60.55% Malaysia’s capital market. Its market size respectively. The updated list, which took effect on
recorded RM1,880.73 billion as at end 2018 in 30 November 2018, featured a total of 689 Shariah-
comparison with RM1,893.47 billion as at end 2017. compliant securities. The list included 33 newly-
This comprises total market capitalisation of Shariah- classified Shariah-compliant securities and excluded
compliant equities of RM1,036.52 billion and total 34 from the previous list issued in May 2018.
sukuk outstanding amounted to RM844.21 billion
(Chart 1 and Table 1). As at end December 2018, these securities remained
at 689 Shariah-compliant securities, which constituted
75.30% of the 915 listed securities on Bursa Malaysia.
shariah-compliant securities The market capitalisation of Shariah-compliant
securities stood at RM1,036.52 billion or 60.96% of
The SC released the updated list of Shariah- the total market capitalisation, a decrease of 8.58%
compliant securities approved by its Shariah as compared to end 2017 (Chart 2 and Table 2).
Chart 1 Chart 2
size of Islamic capital market Percentage of number and market capitalisation
of shariah-compliant securities
2,000 2018 1,881 1,893 80 75 76 2018
2017
1,800 2017 70
61
1,600 59
60
1,400 1,134 50
RM billion 1,200 1,037 844 760 Percentage (%) 40
1,000
800
600 30
20
400
10
200
– 0
Market Sukuk Total size of Percentage number Percentage market
capitalisation of outstanding ICM of Shariah-compliant capitalisation of Shariah-
Shariah-compliant securities to total listed compliant securities to
securities securities total market capitalisation
162 | PART 5 »» STATEMENTS, STATiSTiCS ANd ACTiviTiES
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