Malaysia’s Islamic Capital Market Valued at MYR 2.035 Trillion at the end of 2019

In its 2019 Annual Report (Report), the Securities Commission Malaysia (SCM) reported that Malaysia’s Islamic Capital Market (ICM) grew 8.23% YoY to MYR 2.035 trillion at the end of 2019 and represented 63.57% of Malaysia’s total capital market.

The Report stated that Sukuk issuances for 2019 comprised 77.09% of the total corporate issuances, and was valued at MYR 102.39 billion. Meanwhile, the Islamic assets under management (AUM) accounted for 21.93% of the fund management industry and stood at MYR 180.52 billion at the end of2019.

According to the SCM, Shariah-compliant securities represented 64.06% of total equity market capitalisation for 2019, and were valued at MY...