Islamic Finance Products and Service Assignment, UCSI, Malaysia Explain the term shariah compliant stock. How many countries have these I-stocks? Name these countries
| University | UCSI University (UCSI) |
| Subject | Islamic Finance Products and Service |
- Explain the term shariah compliant stock.
- How many countries have these I-stocks? Name these countries.
- Identify how many Sharia-compliant stocks are listed in Bursa Malaysia.
- In addition, the following further information is required.
a. When does this I-stock first start?
b. What are the sectors/industries that have the most I-stock?
c. Why is this the case (as in b)?
d. Are the financing of these companies based on Shariah?
e. Do they have internal shariah research/review or auditing?
f. State the composition of the board of directors. - Set out the legal or statutory requirements that the public listing Companies have to fulfill in order to obtain recognition as shariah Compliant stock.
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