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KUALA LUMPUR: 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, says Bursa Malaysia CEO Datuk Muhammad Umar Swift.
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“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 average daily trading value (ADV) for syariah-compliant securities rose 50.9% year-on-year to RM2.1 billion, now accounting for 65.3% of total ADV,” he said in his welcome remarks at the Invest Shariah 2024 conference today.
He also highlights that on May 7, 2024, Bursa Malaysia achieved a historic milestone by surpassing a market capitalisation of RM2 trillion.
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