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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