UBS Becomes First Foreign Islamic Broker on Bursa Malaysia

UBS Securities Malaysia Sdn Bhd has been onboarded as an Islamic Participating Organisation on Bursa Malaysia-i, becoming the first foreign broker to provide Islamic stockbroking services via a dedicated Islamic trading window effective 2 September 2025, a step that broadens foreign participation in Shariah-compliant securities on the exchanges end-to-end Islamic platform . Bursa Malaysia framed the move as a milestone for the Malaysia Islamic capital market, aligning with ongoing efforts to deepen liquidity and diversify the investor base through Shariah-compliant investing pathways . UBS said the Islamic window complements its existing brokerage leadership in Malaysia and enhances global connectivity to Malaysian Islamic equities for institutional and retail clients .

Why this matters

Bursa Malaysia-i, launched in 2016, is the world‘s first fully Shariah-compliant investing platform with strict segregation of Islamic and conventional processes across execution and post-trade, making it a central gateway for Shariah-compliant investing and Islamic equities in Malaysia . The onboarding of UBS as an Islamic Participating Organisation advances Bursa’s strategy to attract Bursa Malaysia foreign participation in Islamic and conventional segments while reinforcing Malaysia‘s role as a regional Islamic finance hub . With UBS’s inclusion, Islamic stockbroking services on Bursa Malaysia-i are now offered by 18 firms—17 via an Islamic window and one full-fledged provider (BIMB Securities)—expanding investor options for Shariah-compliant investing.

Market context

Shariah-compliant securities now represent the majority of Bursa Malaysias listed universe, supported by rising demand for ethical and sustainable assets in Islamic capital market growth cycles . Total market capitalisation of Malaysia Shariah-compliant equities was reported to have grown year-on-year into end-2024, reflecting robust investor interest and the deepening Malaysia Islamic equities ecosystem . UBS noted it remains overweight Malaysian equities and views the Islamic trading window as a way to connect global capital to Shariah-compliant investment opportunities in Malaysia, strengthening the global Islamic investment gateway through Bursa Malaysia-i .

What UBS and Bursa said

Bursa Malaysia‘s CEO Dato’ Fad‘l Mohamed called UBS’s appointment “a milestone” that enhances market vibrancy and inclusivity and reinforces Malaysia‘s positioning for Shariah-compliant investing across equities and broader Islamic instruments such as sukuk . UBS Country Head May Lee said the Islamic window extends the firm’s product suite and supports clients seeking Shariah-compliant investing access, consistent with UBS Malaysia market share gains as a leading foreign broker in the market . The announcement underscores continued momentum in the Malaysia Islamic capital market 2025 outlook, including greater Islamic and conventional segregation and infrastructure strengths via the Bursa Malaysia-i platform .

Editors note for investors:

• How to trade Shariah-compliant stocks in Malaysia: Access the Bursa Malaysia-i platform via participating brokers offering an Islamic trading window or full-fledged Islamic brokerage, ensuring trades are executed and settled within Shariah guidelines .
• List of Islamic stockbrokers Malaysia 2025: Bursa highlights 18 Islamic Participating Organisations, including full-fledged BIMB Securities and window providers such as Affin Hwang, CIMB Securities, Maybank Investment Bank, RHB Investment Bank, Kenanga, CGS International, and now UBS Securities Malaysia, among others .
• What is Bursa Malaysia-i: It is an end-to-end Shariah-compliant marketplace that ensures Islamic and conventional segregation across the trade lifecycle, supporting Shariah-compliant investing for domestic and international clients .