PNB's Islamic finance experiment, wakaf ASNB hits RM30mil in funds

KUALA LUMPUR: Permodalan Nasional Bhd’s (PNB) newly launched Wakaf ASNB has hit RM30 million in funds and is slated for its maiden dividend distribution in the first half of 2023, said president and chief executive Ahmad Zulqarnain Onn.

He said the product proved to be a successful experiment for PNB as one of the innovations in Islamic finance.

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