RM100bil for new EPF fund


Shahril:

KUALA LUMPUR: The Employees Provident Fund’s (EPF) syariah-compliant investment product, called “Simpanan Syariah”, will have an initial size of RM100bil and be open for registration from Aug 8.

Contributors can start registering with the pension fund to shift their savings to Simpanan Syariah and it is open to all members regardless of race, religion and nationality. The registration will close on Dec 23.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , epf shahril , fund , Simpanan Syariah , stocks , shares ,

   

Next In Business News

Cocoa, pepper continue resilient performance in 2024, positive outlook in 2025
Dollar stays resilient, Asia shares get festive lift
Automotive sector revs up to another resilient performance in 2024 as first national EV debuts
Life Water sees active trading, falls 1.61%
Coastal Contracts rises 8.44%, secures solar project in Sabah
FBM KLCI edges up in early Boxing Day trade
Ringgit opens slightly higher vs greenback
Trading ideas: BHIC, Nestcon, Classita, Parlo, MMAG, Datasonic
Beijing agrees to issue US$411bil treasury bond
Gaming stocks on track for recovery in 2025

Others Also Read