2026-02-27
The Securities Commission Malaysia issued these guidelines to establish the regulatory framework for the listing, operation, and management of conventional and Islamic Exchange-Traded Funds on Bursa Securities. The document mandates strict requirements for management companies, including board composition, risk management protocols, and segregation of fund assets, while detailing permissible investment strategies such as leveraged, inverse, synthetic, and commodity tracking. It further outlines operational obligations for participating dealers, valuation methodologies, fee structures, and ongoing reporting duties to ensure investor protection and market integrity.