sukuk issued in a single year, pulling institutional flow into the book
2025 · industry data
global Islamic finance assets, on track to pass $6tn
2025 · industry data
of Bursa Malaysia listed securities are classified Shariah-compliant
SC Shariah Advisory Council list
single business-activity benchmark now applied in Malaysian screening
Since November 2025
The compliant-securities list is reissued twice a year, in May and November. Your screening data changes with it, on a fixed date, whether you are ready or not.
Revised ICM guidelines in March 2026 tightened adviser obligations and extended requirements to digital-asset offerings. Governance now carries continuous duties.
Saudi Arabia, the UAE, Bahrain, Qatar and Kuwait anchor on AAOIFI accounting, governance and audit standards for Islamic products.
Conventional houses are opening Islamic windows to reach domestic mandates, and each one needs segregated books that stand up to review.
Retail Islamic demand is expanding faster than local operations capacity, and screening rules differ market by market.
Certification depends on evidence: every screen, every segregated balance, every purified ringgit, on demand.
Islamic funds, pension bodies, endowments and retail investors are restricted by mandate. Without a compliant book, you are not in the running.
Conventional firms can serve Shariah clients from the same operation, if the controls live in the core rather than in a parallel stack.
Standing up a separate Islamic platform doubles licences, reconciliation and headcount, and halves the business case.
Reclassification twice a year means positions can become non-compliant overnight. Manual updates find that out late.
Commingled balances or unpurified income put the certification itself in question, not just a single trade.
Supervisory review asks for the trail. Spreadsheets and email approvals are not an audit trail.
Instrument-level screening against your board's rulebook.
Segregated accounts for client, house and trust, with no commingling.
Purification calculated automatically on non-compliant income.
Non-compliant orders blocked before execution, not flagged after.
Islamic and conventional side by side on one book of record.
AAOIFI-aligned reporting produced from the settlement record.
Reclassification handled centrally when the list is reissued.
Sukuk, equities and profit-sharing processed in the same engine.
Complete audit trail assembled as the work happens.
Instrument-level screening against your board's rulebook.
Non-compliant orders blocked before execution, not flagged after.
Reclassification handled centrally when the list is reissued.
Segregated accounts for client, house and trust, with no commingling.
Islamic and conventional side by side on one book of record.
Sukuk, equities and profit-sharing processed in the same engine.
Purification calculated automatically on non-compliant income.
AAOIFI-aligned reporting produced from the settlement record.
Complete audit trail assembled as the work happens.
Compliance that depends on people remembering is not compliance. It is exposure with good intentions.
01
Access mandates that only allocate to Shariah-compliant execution and custody.
02
No parallel Islamic system, no duplicate team, no second reconciliation.
03
Screening, segregation and purification enforced by the system on every trade.
04
AAOIFI-aligned reporting and a full trail for Shariah supervisory review.
05
Live in Malaysia with a leading global bank to offer shariah compliant services.