Malaysia sets up framework for retail investors
KUALA LUMPUR, Sept 7 — The Securities Commission of Malaysia has launched a framework to allow retail investors direct access to invest in Islamic and conventional bonds.
Retail investors will be able to invest in bonds and sukuk issued or guaranteed by the Malaysian government. The next phase will include corporate issuances, for which the relevant guidelines and regulations will be announced next January, the commission said.
“The retail bonds and sukuk framework is intended to meet retail investors’ demand for access to a wider range of investment products. Issuers will also now have access to a larger pool of investors,” said SC chairman Ranjit Ajit Singh in a statement. — Reuters