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BursaIslamic

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Operating status: SCAM

Website: https://www.bursaislamic.com/

Broker violations and abnormal records
  • 2023-05-18 BrokersView has reviewed that BursaIslamic is an unregulated broker

    BursaIslamic fails to provide regulatory information and licensing data, a clear scam indicator suggesting it is not overseen by any regulatory body. Therefore, any offering of financial services or products by this broker is illegal. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    BursaIslamic fails to provide regulatory information and licensing data, a clear scam indicator suggesting it is not overseen by any regulatory body. Therefore, any offering of financial services or products by this broker is illegal. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
  • 2023-04-15 The Malaysia SC issues a warning against BursaIslamic

    On April 16, 2023, the Securities Commission Malaysia (SC) issued a warning against BursaIslamic, adding it to its warning list for operating an Illegal investment scheme. https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list

    On April 16, 2023, the Securities Commission Malaysia (SC) issued a warning against BursaIslamic, adding it to its warning list for operating an Illegal investment scheme. https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list

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