M&A Securities becomes Shariah window stockbroker

MALAYSIA: M&A Securities has become the latest firm to provide Islamic window stockbroking services on Bursa Malaysia-i, the world’s first end-to-end Shariah compliant investing platform launched in September 2016. With BIMB Securities being only the only full-fledged Shariah stockbroker, M&A Securities joins 15 others to offer Shariah window stockbroking services.

Table 1: Islamic stockbrokers on Bursa Malaysia-i

Islamic window  Full fledged 
Affin Hwang Investment Bank  BIMB Securities
AmInvestment Bank       
CGS International Securities Malaysia       
CIMB Securities       
Hong Leong Investment Bank       
Inter-Pacific Securities       
Kenanga Investment Bank       
Malacca Securities       
Maybank Investment Bank       
10  MIDF Amanah Investment Bank       
11  M&A Securities       
12  Phillip Capital       
13  Public Investment Bank       
14  RHB Investment Bank       
15  TA Securities Holdings       
16  UOB Kay Hian Securities        
Source: Bursa Malaysia

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