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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.

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International

International

New RM100b EPF fund set to boost Islamic finance in M'sia

International

Laid-back vibe, stunning beaches, rich cuisine and low cost of living lure more expat retirees to Malaysia

Vietnam tycoon appeals against US$27 billion fraud death sentence

US announces new restrictions on firearm exports

Central banks will probably only cut half as much as they hiked

US consumer sentiment falls as inflation expectations climb

HSBC wins £1.3 billion suit over Disney film finance scandal

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