MALAYSIA: The Securities Commission Malaysia (SC) has announced that the country’s capital market will witness a vibrant second quarter in 2011, spurred by an increased interest in all the industries of the market.
The SC has approved 31 applications for new collective investment schemes, as compared to 16% in the first quarter of 2011. Of the 31 applications for new funds, one approval was given for the establishment of a Shariah compliant real estate investment trust.