Should You Opt For EPF's "Simpanan Shariah"?

Hasif Murad, Investment Manager, Aberdeen Islamic Asset Management

21-Jul-16 09:35

Should You Opt For EPF's "Simpanan Shariah"?

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The Employees Provident Fund's (EPF) will open the new Shariah-compliant savings scheme for registration on Aug 8, 2016. RM100b will be offered for this scheme on a first-come-first-served basis. EPF says that this scheme is “Open to all who are required and eligible to contribute regardless of religion, race and nationality.” We look into factors you should consider in making this decision.

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Tags: shariah scheme, islamic banking, epf, retirement, ethical investing, islamic investing

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