You are on page 1of 1

Islamic capital market (ICM) are market are carried out base on law religion of Islam.

So that the
market is free from activities prohibited by Islam such as usuru (riba), gambling (maisir) and
ambiguity (gharar). The ICM is a component of the overall capital market in Malaysia and it also
play an important role in generate economic growth for the country. The ICM function as a
parallel market to the conventional capital market and play a role to the Islamic banking system
and Islamic financial market in Malaysia. There are various capital market product are available
for muslims to invest which is sukuk, Islamic unit trusts and shariah complient security.

You might also like