The 217th Shariah Advisory Council of the Securities Commission Malaysia Meeting (25 February 2019)

Shariah Screening Methodology for Listed Securities of a Stock Exchange Holding Company (SEHC)

The Shariah Advisory Council (SAC) of the Securities Commission Malaysia (SC) had, in series of its meetings, deliberated on the
Shariah screening methodology for an SEHC. Under the law, the SEHC has the obligation to facilitate capital raising and trading
activities which include services for the listing, trading, clearing, settlement and depository of both Shariah-compliant and Shariah
non-compliant listed securities (Activities Beyond Control). The SEHC also offers its own products comprising Shariah compliant
and Shariah non-compliant products to be listed and traded on the stock exchange as well as other services and activities (Activities Within Control).

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