FatwaFederal TerritoriesTransactions & Finance
AL-KAFI #1087: CARA MELABUR PATUH SYARIAH DI BURSA SAHAM KUALA LUMPUR (BSKL)
How can one invest in a Shariah-compliant manner on Bursa Malaysia?
Short answer
Muslim investors must ensure that the counters they buy are Shariah-compliant, a status determined by the Shariah Advisory Council of the Securities Commission.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Federal Territories Mufti Office
- Date
- Status
- Opinion (irsyad)
- Series
- Al-Kafi li al-Fatawi
- Topic
- Transactions & Finance
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
Muslim investors must ensure that the counters they buy are Shariah-compliant, a status determined by the Shariah Advisory Council of the Securities Commission. One way is to open an Islamic CDS account, which lists only Shariah-compliant counters. With a conventional account, investors choose counters marked with a circle symbol at the end of the counter name. The fatwa also advises learning about the realities of investment from qualified experts and studying the rulings of Islamic commercial transactions.
Written in our own words from the original fatwa — check the source before acting on it.
Pelabur-pelabur Islam mestilah memastikan setiap kaunter yang dibeli adalah patuh Syariah.
Read the full fatwa on the Federal Territories website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Federal Territories Mufti Office. “AL-KAFI #1087: CARA MELABUR PATUH SYARIAH DI BURSA SAHAM KUALA LUMPUR (BSKL)”, 6 February 2019. https://muftiwp.gov.my/ms/artikel/al-kafi-li-al-fatawi/3089-al-kafi-1087-cara-melabur-patuh-syariah-di-bursa-saham-kuala-lumpur-bskl. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/how-to-invest-shariah-compliant-bursa-malaysia/