A security is a financial instrument, typically tradable, that represents some type of financial value, commonly in the form of a stock or equity, bond, sukuk or a commodity like gold, and so on.
Nowadays, securities are in digital form (dematerialised) as opposed to the traditional paper certificate form, ensuring that the depository always has a copy of your shares.
BNX is developing a securities exchange to support a range of different tradable securities. Over time, a variety of products will be offered, giving investors more options to diversify their portfolios.
As a nation with Melayu Islam Beraja philosophy at heart, the exchange aims to offer Syariah compliant securities that align with these values. Types of Syariah compliant securities can include equities, Sukuk, ETFs, and REITS to name a few. Issuers are guided by the rules set forth by the Syariah Financial Supervisory Board (SFSB).
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ℹ️ Important Notice: The exchange is NOT yet operational. BNX is NOT offering any services to the public.