SUBSCRIBERS
New RM100b EPF fund set to boost Islamic finance in M'sia
Published Fri, Aug 12, 2016 · 09:50 PM
Kuala Lumpur
MALAYSIA'S Islamic finance market is set for a much-needed boost when the country's largest pension fund launches a RM100 billion (S$33.5 billion) Islamic fund in January, offering a potential boon for asset managers.
The Employees Provident Fund's (EPF) syariah-compliant pension plan opened to acclaim this week with Malaysians lining up outside its offices to invest.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Hong Kong faces uphill battle to lure back Chinese tourists
Weak yen boosts tourist wallets in Japan
Gas prices are putting Washington’s boldest climate policy at risk
India collects record 2.10 trillion rupees as goods and services tax in April
China travel surges for May holiday but consumers remain wary
Macau casinos remain resilient in April as consumers seek fun