EPF's Simpanan Shariah hits RM41.1 bln

The Employees Provident Fund (EPF) today announced that 41.07 per cent, amounting to RM41.1 billion, from the initial allocation of RM100 billion for Simpanan Shariah 2017 has been taken up, as at Sept 13, 2016.

The pension fund said members wanting to switch to Simpanan Shariah should visit any EPF branch, nationwide, to avoid last-minute crowds in December.

"The closing date for Simpanan Shariah 2017 is Dec 23, 2016 or subject to the availability of the RM100 billion allocation," it said in a statement today.

Registration for the Simpanan Shariah opened on Aug 8, 2016.