More than 85% of the companies listed on the stock exchange were Shariah-compliant, representing about 60% of total market capitalisation, she said. Zeti said there were about 130 Islamic unit trusts issued in Malaysia and two Shariah-compliant real estate investment trust listed on the stock exchange. She said the first of five growth areas launched in Malaysia, Iskandar Malaysia was expected to receive up to US$100bil in investments over the next 25 years. More News Business Headlines AMMB posts RM668m net profit for FY08 Mudajaya to build hotel for Tune Hotels in Sepang Vistajet to invest RM192m in SkyPark Subang Maybank targets 30% revenue growth from e-payments Astro up on privatisation talk, YTL Power slides Malaysia’s industrial output up 3% on-year Keladi Maju chairman’s wife sells 23m shares KPS, JAKS, water-related stocks up in early trade Steel stocks rise Public Bank shares hit record high on good figures MISC net profit dips 15% to RM2. read more
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