"In order to further facilitate internationalisation of the ICM, the SC will promote a shift from a Shariah-compliant approach to a Shariah-based approach where the underlying structures of products such as mudharabah and musharakah would originate from risk-sharing principles and offer significantly different pricing and returns characteristics.
There is a need therefore to focus on product innovation and development efforts that will provide a comprehensive array of Shariah-based products for the industry. Towards this end, there will be further development of the Shariah legal, regulatory and governance framework."
Download the Masterplan 2
Presentation Slides
(full story)View/Download the Capital Market Masterplan 2 in Separate Parts
- Content (pdf - 251KB)
- Foreword by the Prime Minister of Malaysia (pdf - 539KB)
- Introductory Remarks by the Chairman of the Securities Commision Malaysia (pdf - 243KB)
- Chapter 1: Building the Foundations in CMP1 (pdf - 34.49MB)
- Chapter 2: Meeting Challenges of the Decade (pdf - 34.93MB)
- Chapter 3: Growth Strategies to Expand Role of Capital Market (pdf - 35.52MB)
- Chapter 4: Governance Strategies for Investor Protection and Stability (pdf - 34.99MB)
- Acronyms and Abbreviations (pdf - 237KB)
- References (pdf - 236KB)
- Acknowledgements (pdf - 246KB)
