Bursa Malaysia Berhad ("Bursa Malaysia") today launched Bursa Malaysia-i delivering the world's first end-to-end integrated Islamic securities exchange platform that offers investors the choice to invest and trade Shariah-compliant products via a Shariah-compliant platform.
Bursa Malaysia-i incorporates the full range of Shariah-compliant exchange-related services including listing, trading, clearing, settlement and depository services, to underscore Bursa Malaysia's leadership as the global marketplace for Shariah listing and investments.
Y.B. Datuk Johari bin Abdul Ghani, Minister of Finance II, officiated the launch of Bursa Malaysia-i. The Minister emphasised that Bursa Malaysia-i underscores Malaysia as the world's Islamic finance marketplace and be globally recognised for Shariah-compliant trading activities among domestic and global issuers and investors.
"The launching of Bursa Malaysia-i is a culmination of Bursa Malaysia's longstanding commitment to making Malaysia a comprehensive Islamic investing hub that offers various Islamic financial market instruments. Continuous effort and support from various stakeholders such as Islamic Participating Organisations (Islamic POs), Regulators, Public Listed Companies, Investment Banks, Shariah Advisers and Islamic Fund Managers are essential to further develop and mainstream the Bursa Malaysia Shariah-compliant platform ," Datuk Johari said.
He added, the Government is supportive of Bursa Malaysia's efforts to bring together market intermediaries, particularly the Islamic POs, to be more visible amid on-going initiatives to enhance the competitiveness of the Islamic capital market industry.
Datuk Seri Tajuddin Atan, Chief Executive Officer of Bursa Malaysia, said that Bursa Malaysia-i would further strengthen the Exchange's competitiveness in ASEAN, and the recognition as the international Islamic capital marketplace for fund raising and Shariah investing.
"New products and services that we bring to the marketplace serve to build on our strengths as a globally-leading marketplace for Shariah investing, our diverse and sustainable marketplace, and the expectation of Bursa...