#TA #Securities gets nod to #offer #Islamic #stockbroking #services

Bursa Malaysia Bhd has added TA Securities Holdings Bhd to its Islamic participating organisations list, making it the 11th stockbroking house and Islamic PO partnering with Bursa Malaysia-i. TA Enterprise Bhd managing director and chief executive officer Datin Alicia Tiah stated, that the inclusion will complement and broaden its product offerings.
Bursa Malaysia chief executive officer Datuk Seri Tajuddin Atan said in a statement: "We hope that with the support from our brokers, we will be able to provide a conducive marketplace for the Shariah investing community which will, in turn, continue to spur the growth and vibrancy of the Islamic capital market domestically and regionally.”
With the addition of TA Securities, there are 11 Islamic participating organisations carrying out Islamic stockbroking services, of which BIMB Securities Sdn Bhd is on a full-fledged basis and the other 10 are on a ‘window’ basis. The other Islamic participating organisations are Affin Hwang Investment Bank Bhd, AmInvestment Bank Bhd, CIMB Investment Bank Bhd, Hong Leong Investment Bank Bhd, Jupiter Securities Sdn Bhd, Kenanga Investment Bank Bhd, Malacca Securities Sdn Bhd, Maybank Investment Bank Bhd and RHB Investment Bank Bhd.
Bursa Malaysia-i incorporates a full range of Shariah-compliant exchange-related services, including listing, trading, clearing, settlement and depository services.