In our inaugural Shariah Screening report, we have
scanned through the FBMKLCI constituents plus the Top 30 in market
capitalisation for both the Shariah and nonshariah compliant companies
listed on Bursa Malaysia. Our list is on a best effort basis nonetheless
there is still the presence of limitation for a thorough screening
process. For companies where there are no disclosure of its mode of
financing, we would assume it under the conventional segment. At this
juncture, it is no secret that IOI Corp will be out of the shariah list
in the 2H15 attributed to its high non islamic debts.
Appended below are tables depicting those that are rather close to the threshold for the FBMKLCI and the Top 30 for the shariah/non shariah lists.
FBMKLCI
Appended below are tables depicting those that are rather close to the threshold for the FBMKLCI and the Top 30 for the shariah/non shariah lists.
FBMKLCI
Shariah list (Potential out