RELIGION AND EARNINGS MANAGEMENT - Some ... - Unitec
RELIGION AND EARNINGS MANAGEMENT - Some ... - Unitec
RELIGION AND EARNINGS MANAGEMENT - Some ... - Unitec
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Number of Companies<br />
Figure 1 Number of Shariah Approved Companies on Bursa Malaysia<br />
1000<br />
800<br />
600<br />
400<br />
200<br />
0<br />
Number of Shariah Approved Companies on Bursa Malaysia<br />
1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007<br />
Year<br />
Total number of companies<br />
Main Board<br />
Second Board<br />
MESDAQ<br />
* All data are based on the list of Securities Approved by the Shariah Advisory Council as at 30 April<br />
of each year.<br />
Source: Securities Commission, (1997-2007)<br />
Number of approved<br />
funds<br />
Data are as at end-June of each year<br />
Figure 2 Total Shariah-based unit trust funds<br />
120<br />
100<br />
80<br />
60<br />
40<br />
20<br />
0<br />
Shariah-based unit trust funds<br />
2001 2002 2003 2004 2005 2006 2007<br />
Year<br />
Source: Securities Commission (2001-2007)<br />
Shariah-based unit trust funds<br />
28