SC introduces shariah assessment toolkit for unlisted MSMEs

Executive chairman Datuk Syed Zaid Albar said the Toolkit is a major initiative by the SC to provide guidance in screening the Shariah status of unlisted MSMEs.

KUALA LUMPUR: The Securities Commission Malaysia (SC) has introduced the Shariah Screening Assessment Toolkit (Toolkit) for unlisted micro, small and medium enterprises (MSMEs).

Executive chairman Datuk Syed Zaid Albar said the Toolkit is a major initiative by the SC to provide guidance in screening the Shariah status of unlisted MSMEs, as part of the SC’s ongoing efforts to enhance the ecosystem for Shariah-compliant fundraising activities.