Page 228 - SC SCAR 2023 ENGLISH Flipbook

PART 6 MARKET STATISTICS
ISLAMIC CAPITAL MARKET
The ICM maintains a substantial contribution, accounting for 63.73% of the overall capital market. Demonstrating steady growth, the ICM expanded by 4.5% year-on-year, increasing from RM2,322.30 billion in 2022 to RM2,426.77 billion as at end 2023. The ICM comprises Shariah-compliant securities, with total market capitalisation of RM1,155.53 billion, and sukuk, with total amount outstanding of RM1,271.24 billion (Chart 1 and Table 1).
CHART 1
ICM as at December 2023
Capital market
Market capitalisation of securities, RM1,796.40 billion (47.18%)
ICM
ICM vis-a-vis capital market Total size of
capital market, RM3,807.73 billion; y-o-y (5.56%)
Total size of ICM, RM2,426.77 billion; y-o-y (4.50%)
63.73% of total size of capital market
Market capitalisation of Shariah-compliant securities, RM1,155.53 billion (47.62%)
Total size of capital market: RM3,807.73 billion
2023 2022
1,155.53
Bonds and sukuk outstanding, RM2,011.33 billion (52.82%)
Total size of ICM: RM2,426.77 billion
Sukuk outstanding, RM1,271.24 billion (52.38%)
Size of ICM
2,500
2,500 2,000 1,500 1,000
500 0
2,426.77 2,322.30
1,138.53
1,271.24 1,183.77
Size of sukuk outstanding
226
SECURITIES COMMISSION MALAYSIA ANNUAL REPORT 2023
Market capitalisation of Shariah-compliant securities
Total size of ICM
RM billion