Is Bursa Malaysia (1818) Halal?

KLS Financial Services Malaysia $7.0B
✗ NOT HALAL
Confidence: 95/100
Bursa Malaysia (1818) is Not Halal under AAOIFI Standard 21 due to its classification in the Financial Data & Stock Exchanges industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Financial Data & Stock Exchanges ✗ NOT HALAL
DJIM Excluded — Financial Data & Stock Exchanges ✗ NOT HALAL
MSCI Excluded — Financial Data & Stock Exchanges ✗ NOT HALAL
S&P Excluded — Financial Data & Stock Exchanges ✗ NOT HALAL
FTSE Excluded — Financial Data & Stock Exchanges ✗ NOT HALAL

Financial Highlights

P/E Ratio
28.1
Forward: 23.9
EPS
$0.31
Dividend Yield
322.0%
Payout: 103.6%
P/B Ratio
8.8
EV/EBITDA
17.8
EV: $6.5B
Revenue
$702M
Growth: 2.1%
Beta
0.3
Low volatility
Current Ratio
1.2

Profitability

Gross Margin 98.1%
Operating Margin 44.6%
Net Margin 34.6%
Return on Equity (ROE) 29.6%
Return on Assets (ROA) 5.6%

Cash Flow & Balance Sheet

Operating Cash Flow$244M
Free Cash Flow$210M
Total Debt$8M
Debt-to-Equity1.0
Current Ratio1.2
Total Assets$3.2B

Price & Trading

Last CloseMYR 8.71
50-Day MAMYR 8.89
200-Day MAMYR 8.25
Avg Volume1.4M
Beta0.3
52-Week Range
MYR 7.20
MYR 9.18

About Bursa Malaysia (1818)

CEO
Mr. Fad'l Bin Mohamed
Employees
710
Sector
Financial Services
Industry
Financial Data & Stock Exchanges
Country
Malaysia
Exchange
KLS
Market Cap
$7.0B
Currency
MYR

Bursa Malaysia Berhad, an exchange holding company, provides treasury management, and management and administrative services in Malaysia and internationally. The company operates through six segments: Securities Market, Derivatives Market, Islamic Market, Data Business, Exchange Holding Business, and Others. It engages in provision and operation of the listing, trading, clearing, and depository services on the securities exchange and trading and clearing services on the derivatives exchange. It also engages in provision of Shariah compliant Murabahah commodity trading platform to facilitate Islamic finance transactions and liquidity management for Islamic financial institutions, and Shariah compliant market for precious metals and provision and dissemination of information relating to equity securities and derivatives quoted on the exchange, as well as data reported from the bond platform. In addition, it functions as investment holding company; and engages in provision of a multi-environment product exchange, a debt fundraising platform for small to mid-sized companies, a reporting platform for bond traders, and an exchange for the voluntary carbon and offshore markets. Further, it offers equities, bonds, derivatives, Islamic market products, indices, central depository system (CDS) accounts, network access and infrastructure services, BTS2 on boarding, and co-location services; offshore listings of Sukuk; and acts as a nominee for Bursa Malaysia Depository and receives securities on deposit for safe-custody or management. The company was founded in 1930 and is based in Kuala Lumpur, Malaysia.

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Frequently Asked Questions

Is Bursa Malaysia (1818) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Bursa Malaysia is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Bursa Malaysia's debt ratio?

Bursa Malaysia's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Bursa Malaysia's key financial metrics?

Bursa Malaysia has a market capitalization of $7.0B, trailing P/E ratio of 28.1, and revenue of $702M. The company maintains a gross margin of 98.1% and a net margin of 34.6%. Return on equity stands at 29.6%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.