Securities Commission Malaysia — Shariah Screening Methodology
Effective 2019-01-01
Malaysian regulator standard with tiered 5%/20% benchmarks by sector.
Thresholds
{
"cash_pct_max": 33,
"tiered_by_sector": true,
"cash_pct_enforced": true,
"debt_pct_max_reit": 33,
"debt_pct_max_general": 33,
"income_non_halal_pct_max": 5,
"haram_business_categories": [
"conventional_banking",
"conventional_insurance",
"alcohol",
"pork_products",
"tobacco",
"gambling",
"adult_entertainment",
"weapons"
],
"income_non_halal_pct_max_tier2": 20
}External source: https://www.sc.com.my/development/icm/shariah-screening-methodology