Infrastructure Financing through Islamic
Finance in the Islamic Countries
93
Chart 4.2. 3: Islamic Financial Sector Composition: Malaysia (2017) (RM billion)
Source: BNM (2017) and SCM (2017)
The size and share of different Islamic capital market segments in Malaysia are shown in Chart
4.2.4. While the market capitalization of Islamic stocks is RM 1.133 trillion constituting 59.5%
of the domestic stock market, the value of the total sukuk outstanding is RM 759.64 billion,
representing close to 59% of the overall bonds/sukuk markets.
Chart 4.2. 4: Islamic Capital Market Segments Malaysia (2017) (RM billion)
Source: SCM (2017)
The assets and wealth management segments of the Islamic financial industry and their
relative sizes are presented in Chart 4.2.5. The value of Islamic assets under management
(AUM) in Malaysia is RM 172.16 billion, constituting 22.2% of the overall AUM. While the
Islamic unit trust funds form the bulk (RM 77.78 billion) of the Islamic AUM, it constitutes a
relatively small proportion (18.2%) of the overall unit trust funds managed. The size of Islamic
829.82
29.29
1,893.47
30.0%
10.1%
59.2%
0%
10%
20%
30%
40%
50%
60%
70%
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
Islamic Banking Assets Takaful Fund Assets Islamic Capital Markets
% of overall industry
RM billion
Value (RM Billion) % of overall sector
1,893.47
1,133.83
759.64
59.2%
59.5%
58.8%
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
Size of Islamic Capital
Markets
Market Capitalization of
Islamic stocks
Total sukuk Outstanding
(Govt. & Corp)
% of total RM Billion
Value (RM Billion) % of overall industry