Resolutions Of The Securities Commission Shariah Advisory Council Second Edition

The Securities Commission (Commission) is a statutory body set up under the Securities Commission Act 1993 (SCA), reporting directly to the Minister of Finance. It is the sole regulatory body for the regulation and development of the capital market in Malaysia. It is directly responsible for the regulation and supervision of the activities of the market institutions, including the stock exchanges, clearing houses, and monitoring of licensees under the Securities Industry Act 1983 (SIA) and Futures Industry Act 1993 (FIA).

The Commission, in developing the national capital market, has identified the development of the Islamic capital market as one of its main agendas. This agenda was later incorporated into the Malaysian Capital Market Masterplan, launched on 22 February 2001. One of the main objectives set by this plan is to establish Malaysia as an international Islamic capital market centre.

This document belongs to Securities Commission Malaysia (SC). Full access to the original source is available here: https://www.sc.com.my/development/icm