PNB enhances syariah compliant in investments

  • Nation
  • Friday, 22 Sep 2017

Tan Sri Abdul Wahid Omar

KUALA LUMPUR: Permodalan Nasional Berhad (PNB) will continue to improve its syariah compliance in its investments and enhancement of Islamic financial investment instruments to help the people to increase their investments.

PNB Group chairman Tan Sri Abdul Wahid Omar, in a statement Friday, said he hoped that the Muslim community would continue to increase their investments in the various unit trusts managed by PNB.

He said investment by the Muslim community in Amanah Saham Bumiputera (ASB) and Amanah Saham Nasional (ASN) was syariah-compliant.

At a meeting held last Aug 14-15, the Penang Fatwa committee issued an edict that the Muslim community is allowed to invest in ASB and ASN, in tandem with an edict by the National Fatwa Council on the matter which was issued in 2008.

The Selangor Fatwa Council also issued the same ruling last April.

"This means ASB/ASN investments are permitted in Islam. With this latest development, I hope the Muslim community will continue to increase their investments in the various unit trust funds managed by PNB/ASNB," he said.

The people, he said, should carry out their responsibilities efficiently, with integrity, humility, and respect for others.

They should avoid slandering others and disseminating information without first verifying it. - Bernama


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