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.

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