3/09/2025

BIZ & FINANCE WEDNESDAY | SEP 3, 2025

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UBS is Bursa’s first foreign Islamic broker

o Milestone cements Malaysia’s lead in syariah capital markets and broadens investor access

broker and overall top three broker positions in Malaysia with market share of 10%. We continue to identify attractive investment opportunities in Malaysia and remain overweight in Malaysian equities. This latest initiative is part of our ongoing efforts to provide global access to Malaysia’s capital markets while expanding our comprehensive suite of investment products for our clients.” With UBS Securities’ inclusion, there are now 18 stockbroking firms offering Islamic stockbroking services on Bursa Malaysia-i. UBS Securities’ Islamic stockbroking services commence yesterday, marking a new chapter in foreign stockbroking within Malaysia’s Islamic capital market.

trading and post-trading activities. Introduced in September 2016, Bursa Malaysia-i offers end-to-end exchange-related services structured within a syariah framework, enabling investors to trade syariah-compliant instruments through a robust and transparent infrastructure. Bursa Malaysia CEO Datuk Fad’l Mohamed said: “UBS Securities’ onboarding as the first foreign broker offering Islamic stockbroking services on Bursa Malaysia-i marks a milestone in our efforts to grow and diversify Malaysia’s Islamic capital market. This aligns with our strategic focus to enhance market vibrancy and inclusivity, while reinforcing Malaysia’s position as a preferred destination for syariah-compliant investing.”

With syariah-compliant equities forming the majority of their offerings, he added they remain committed to broadening access, deepening liquidity, and advancing Malaysia’s role as a global gateway for Islamic capital market solutions. “The syariah-compliant securities market capitalisation has expanded 14.3% year-on-year, increasing from RM1.17 trillion in 2023 to RM1.34 trillion as at end 2024, underscoring Malaysia’s role as a leading Islamic finance hub,” he said. UBS Securities country head May Lee said: “UBS Securities is delighted to be the first foreign financial institution to offer Islamic stock broking window. Today, UBS Securities maintains its top foreign

KUALA LUMPUR: Bursa Malaysia Bhd announced the onboarding of UBS Securities Malaysia Sdn Bhd as its latest Islamic Participating Organisation, the first foreign broker to offer Islamic stockbroking services through a dedicated Islamic window on Bursa Malaysia-i, the world’s first end-to-end syariah-compliant investing platform. In a statement yesterday, Bursa Malaysia said that this development reflects the growing global demand for syariah-compliant investing and reinforces the exchange’s commitment

to making Malaysia’s Islamic capital market more accessible to both international and domestic investors seeking ethical and syariah compliant investment opportunities. Islamic Stockbroking Services and Bursa Malaysia-i Islamic stockbroking provides investors with access to syariah-compliant securities trading, conducted either through a dedicated Islamic window or a full-fledged Islamic brokerage. This ensures clear segregation between Islamic and conventional dealings across both

Kenanga launches Futures Awaken to guide traders

KUALA LUMPUR: Kenanga Futures Sdn Bhd launched its latest nationwide campaign “Futures Awaken” running until Nov 30 to shape a new generation of traders by enhancing their financial strategies and redefining futures as a vital hedging and risk management tool amidst ongoing global economic uncertainties. Building on the spirit of Malaysia Day, Futures Awaken highlights Malaysia’s growing prominence in the global derivatives space by showcasing the vibrant and dynamic product landscape of Bursa Malaysia Derivatives as a gateway to new opportunities. Reflecting Kenanga Futures’ commitment to Building a Smart Derivatives Trading Community, the campaign offers a curated digital learning journey featuring interactive e modules and seminars – all designed to foster financial literacy and empower Malaysia’s new gen, which makes up 25% of the population, to take charge of their financial future in the ever evolving derivatives landscape. “At Kenanga Futures, we are building tomorrow, today. By staying true to our values, we strive to inspire and empower the next generation of traders through innovation and enhanced education to thrive in this dynamic derivatives industry,” said Azila Abdul Aziz, CEO/executive director & head of listed derivatives of Kenanga Futures.

Asean battery event pushes innovation, sustainability PETALING JAYA: The 3rd Asean Battery Technology Conference (ABTC), held Aug 29 in Phuket, highlighted Asean’s commitment to innovation and sustainability. Organized by Thailand’s Energy Storage Technology Association with five regional partners, the three-day event drew over 340 participants, including Phuket Deputy Governor Samawit Supanpai. Battery Safety Network (ABSN) technical director Dr Sing Yang Chiam said, “Safety remains at the heart of innovation. As we scale up deployment, we must ensure that performance goes hand in hand with protection. The discussions here show how Asean can demonstrate leadership in cross border collaborations for battery safety related initiatives.” Closing ceremony: Limthongkul, together with her ABTC 2025 team, formally hand over the ABTC time capsule to Rezal Khairi and the ABTC 2026 team.

leaders and researchers explored the latest scientific breakthroughs, strategies for building resilient battery supply chains, and investments in next-generation solutions to accelerate Asean’s clean energy transition. The exhibitions and networking activities also provided a platform for showcasing innovations and fostering new collaborations. Testa president Dr Pimpa Limthongkul said, “This year’s conference has demonstrated that Asean is ready to lead the charge in building a sustainable battery ecosystem. With the collective will of industry, research, and government partners, we are no longer just adopters of technology, we are shaping its future.” Singapore Battery Consortium, Asean

Meanwhile, NanoMalaysia Bhd CEO Dr Rezal Khairi Ahmad said, “Collaboration across borders is the real driver of progress. From circular supply chains to financing frameworks, ABTC 2025 has set an example that Asean’s strength lies in working together to unlock opportunities in the global battery economy.”

It also welcomed a distinguished group of speakers such as Nobel Laureate Prof Stanley Whittingham, and Prof Shirley Meng (University of Chicago/Argonne), along with leading institutions NCSTT (Indonesia), NanoMalaysia, and Singapore Battery Consortium. Themed around safety, financing, and future growth, panel discussions by industry

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