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

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

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

In a joint statement, the two companies said this makes GO+ fund Malaysia’s first syariah-compliant eWallet product.