MALAYSIA: As part of its plan to build new markets that serve as fresh growth avenues or solutions for its stakeholders, Bursa Malaysia said in a market update that it has new Shariah compliant products and initiatives in the pipeline.
Some of these offerings are asset-backed securities and tokenized assets; the establishment of a voluntary carbon market with the first Shariah compliant carbon credit product; and the commercialization of a new digital gold dinar solution. The latter two offerings are being developed to drive the sustainability agenda in the capital market, Bursa Malaysia said.