Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) organised the second edition of the Shariah Investing Fair 2018 at the Kuala Lumpur Convention Centre on July 21-22.
With the theme ‘Jom Labur BM-i’, the two-day fair offered a wide range of educational activities and seminars catered for the retail investors and 11,000 visitors at the event.
The Shariah Investing Fair is part of Bursa Malaysia’s ongoing commitment to increase financial literacy and inculcate an investing culture in an end-to-end Shariah-compliant manner amongst Malaysians.
The speakers invited to The Shariah Investing Fair include Finance Minister YB Tuan Lim Guan Eng, Bursa Malaysia chairman Tan Sri Amirsham A Aziz and chief executive officer of Bursa Malaysia Datuk Seri Tajuddin Atan.
Finance Minister YB Tuan Lim Guan Eng gave a speech during the Opening Ceremony, addressing the importance of acquiring the right skills for long-term financial planning and the need to be proficient in managing finances.
He added that it is vital for regulators, policymakers and other industry players to come together to enhance the level of financial literacy among the public.
Bursa Malaysia chairman, Tan Sri Amirsham A Aziz said, “As proponents of investor education and financial literacy, Bursa Malaysia wants to ensure that investors are continuously equipped with the necessary tools and information so that they can grow their wealth from the stock market.”
“Growing participation from retail investors, which has grown by 24% per annum over the last two years, is clearly a testament of the growing confidence in our marketplace.” he added.
Bursa Malaysia chief executive officer Tan Sri Amirsham also shared the stage, imparting his knowledge on the stages of financial planning, key factors to consider when investing in the stock market as well as the importance of investors being equipped with the right knowledge to adopt a methodical rather than a speculative approach towards investing.
At the event’s closing ceremony, Datuk Seri Tajuddin mentioned that based on the increase in participants and level of engagement throughout the event, there is a growing interest among Malaysians in stock market investing.
“This is in line with the Exchange’s focus on growing retail participation in the stock market, and is a testament to the effectiveness of our intensive investor education and outreach programmes,” he added.
In conjunction with the event, Bursa Malaysia introduced to the public its revamped Bursa Marketplace Mobile App.
The app features an improved user-experience to investors seeking easy access to information related to stock market investing.
A simulation exercise is also available through the app, allowing potential investors to try their hand at investing before applying their knowledge and experience to actual stock market investing
The event also saw the registration of almost 2,000 Central Depository System (CDS) accounts as visitors took advantage of the opening fee waiver during the two-day occasion.