PNB launches wakaf ASNB service

Wakaf ASNB applies the concept of waqf muabbad, namely perpetual donation in which the wakaf fund will be retained as the principal investment to generate potential annual returns.

KUALA LUMPUR: Permodalan Nasional Berhad (PNB), through its unit trust management company, Amanah Saham Nasional Bhd (ASNB) has launched the new Wakaf ASNB service.

In a statement on Monday, PNB said the service enables ASNB unit holders to continuously donate their unit trusts for the benefit of the community once they have passed on.