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Shariah Compliant
FAQ on the islamic window product
What is Shariah account offered by KAF Equities Sdn. Bhd?
It is a trading account for clients to trade Shariah-compliant securities listed in Bursa Malaysia.
Who can apply for Shariah account?
Anyone above 18 years old can open a Shariah trading account with us.
Where do I get the list of Shariah-compliant securities listed in Bursa Malaysia?
It will be updated 2 times a year (May & Nov) for the listing of Shariah-compliant securities in the Securities Commission’s website. Please refer the
link
.
Am I able to buy non-shariah compliant securities using this account?
No, you will not be able to buy non-shariah compliant shares if you opened a Shariah trading account. The order keyed-in will be rejected by the system.
Can I convert my existing trading account to the Shariah account?
Yes, you may convert to Shariah trading account by submitting an account conversion form to your dealer representative.
Can I sell non-Shariah shares using a Shariah account?
Yes, you may sell non-Shariah counters in your trading account
How do I deal with Shariah Non-Compliant Securities?
Please refer to the
link
.