Syariah indices outperform non-syariah counterparts on Bursa Malaysia

KUALA LUMPUR: The FTSE4Good Bursa Malaysia Shariah Index and the FTSE Bursa Malaysia EMAS Shariah Index marginally outperformed their non-syariah coun...

The FTSE4Good Bursa Malaysia Shariah Index and the FTSE Bursa Malaysia EMAS Shariah Index marginally outperformed their non-syariah counterparts in the first seven months of this year, according to Bursa Malaysia.

“The market capitalisation of syariah-compliant securities grew 19.7% year-on-year to RM1.3 trillion, making up 65.2% of total market capitalisation. The local bourse's capital market has attracted significant interest, leading to increased participation from both domestic and foreign investors, primarily driven by the government’s effective economic restructuring and fiscal reforms, he added.

The Islamic capital market in Malaysia totalled RM2.4 trillion in 2023, representing 64% of the country’s total capital market, according to the Securities Commission.

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