Touch ‘n Go’s GO+ fund now shariah-compliant

The group CEO of Touch ‘n Go Group Effendy Shahul Hamid said when GO was launched, there were calls from its users for the underlying fund to be Shariah-compliant.

KUALA LUMPUR: Touch ‘n Go Group and Principal Asset Management announced on Wednesday that Principal e-Cash Fund, the underlying fund for Touch ‘n Go’s GO+, is now shariah-compliant.

In a joint statement on Wednesday, they said this makes GO+ fund Malaysia’s first shariah-compliant eWallet product.