The "Resolutions of the Shariah Advisory Council of the Securities Commission Malaysia" dated 31 December 2023 provides comprehensive guidelines and resolutions on various aspects of Islamic finance and the Islamic capital market. This document is an essential reference for stakeholders in the Islamic finance industry, including financial institutions, investors, and legal practitioners.

Key areas covered in the document include principles and concepts of Muamalat in the Islamic capital market, specifics of Islamic capital market products from a Shariah perspective, and detailed resolutions on various Islamic financial instruments and contracts. These include discussions on Ta'widh (compensation), Bai' Inah (sale and buy-back agreement), Ibra' (waiver), Wa'd and Muwa'adah (promissory agreements), Tawarruq (commodity murabahah), and `Aqd al-Tawrid (a modern trade contract). Additionally, the document delves into Shariah issues related to specific Islamic capital market products such as shares, sukuk, and various types of Ijarah (leasing).

Each section of the document provides clear resolutions and guidelines, reflecting the council's comprehensive understanding of contemporary issues in Islamic finance and its commitment to providing relevant and up-to-date guidance. This makes the document a valuable resource for those involved in structuring, regulating, and advising on Islamic financial products and transactions.