KUALA LUMPUR, May 1 (Bernama) -- Bursa Malaysia Bhd has appointed Azizan Abdul Aziz as director of its Islamic capital market (ICM) effective today.
The bourse operator said in a statement today that Azizan would assume the new role in addition to his current position as Bursa’s chief financial officer (CFO).
Bursa Malaysia chief executive officer Datuk Fad’l Mohamed said the appointment reflects Bursa Malaysia’s continued focus on strengthening its Islamic capital market proposition alongside its broader strategic priorities.
“His experience, financial expertise and institutional understanding position him well to provide strategic direction for our Islamic market priorities, while continuing to ensure strong financial stewardship as CFO,” he said.
According to the statement, Malaysia’s Islamic capital market remains a key pillar of the domestic capital market, having expanded from RM2.2 trillion in 2020 to RM2.7 trillion by end-2025, with shariah-compliant equities and sukuk contributing RM1.3 trillion and RM1.4 trillio, respectively.
Reflecting the depth of shariah investing locally, shariah-compliant companies make up more than 80 per cent of public listed companies on Bursa Malaysia.
Bursa Malaysia said Azizan will provide strategic oversight and direction for its Islamic capital market-related priorities, working closely with internal stakeholders and market participants to support the continued development of the ICM ecosystem, bringing more than 20 years of experience in finance, accounting, corporate finance and advisory.
-- BERNAMA
