Bursa Malaysia today announced several changes to the constituents of the FTSE4Good Bursa Malaysia (“F4GBM”) Index and FTSE4Good Bursa Malaysia Shariah (“F4GBMS”) Index, in summary:
- 7 new inclusions and 3 deletions from the FTSE4Good Bursa Malaysia Index
- 7 new inclusions and 4 deletions from the FTSE4Good Bursa Malaysia Shariah Index
Wait.
What are F4GBM and F4GBMS ???
Launched in December 2014 with 24 constituents, the F4GBM Index measures the performance of public listed companies (“PLCs”) demonstrating strong Environmental, Social and Governance (“ESG”) practices. The F4GBM Index constituents are drawn from the companies on the FTSE Bursa Malaysia EMAS Index, comprising PLCs from across the small, medium and large market capitalisation segments.
On the other hand, the F4GBMS Index was launched in July 2021 with 54 constituents, and is designed to track constituents in the F4GBM that are Shariah-compliant in accordance with the Shariah Advisory Council (“SAC”) screening methodology. Both indices are reviewed semi-annually in June and December against international benchmarks.
All constituent changes will take effect at the start of business on Monday, 20 December 2021. Details of the changes to the F4GBM Index and F4GBMS Index for the December 2021 semi-annual review are reflected below:
Note:
The F4GBMS Index comprises constituents of the F4GBM Index that are Shariah-compliant according to the Securities Commission's Shariah Advisory Council (SAC) screening methodology.
The F4GBMS Index comprises constituents of the F4GBM Index that are Shariah-compliant according to the Securities Commission's Shariah Advisory Council (SAC) screening methodology.
The updated listings of F4GBM Index and F4GBMS Index will be available on the Bursa Malaysia website after 24 December 2021 via the following link:
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