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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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

Ringgit to remain steady, trade within 4.10-4.12 versus greenback next week
Thai market wades out of flood woes
Investors turn to EMs
Mega port strategy in the dock
Casino home run for Cohen
Genting’s high-stakes double-edged win
Cortina rolls out mobile homes for Winter Games
China’s slow stock rally gains investor trust
FBM KLCI poised for strong year-end
Super scheme blows the roof off

Others Also Read