Article Related To Simpanan Shariah

The amount was after netting off listed equity write-downs recorded for the period under review, said the EPF in a statement today.

For the first time ever, EPF declared two dividends. But why is the Simpanan Shariah dividend lower?

Chief Executive Officer Datuk Shahril Ridza Ridzuan said the bullish performance was boosted by the significantly improved domestic and global markets in the quarter under review.

The Employees Provident Fund (EPF) expects to see more members migrating to the shariah-compliant retirement scheme from 2018 onwards.

According to EPF, Simpanan Shariah will go into implementation on Jan 1, 2017.

The Employees Provident Fund (EPF) 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.

The Shariah Advisory Committee comprises no fewer than three members who are qualified in shariah or possess shariah knowledge and experience in banking, finance and law or other related discipline.

EPF announced that 25.09 per cent, amounting to RM25.1 billion, from the initial allocation of RM100 billion for Simpanan Shariah 2017 have been utilised as of Aug 14, 2016.

EPF CEO Datuk Shahril Ridza Ridzuan said the retirement fund had started the registration process for its members to convert their conventional savings to shariah-compliant savings.

Nevertheless, its investment strategy will still be guided by its Strategic Asset Allocation model.

EPF said the fund's yearly allocation is provided on a first-come first-served basis and other conditions implemented by the EPF Board.

Simpanan Shariah is a new savings option for members who wish to convert their current conventional accounts to one that is shariah-compliant.

The Dutch state, as a signatory to the 1948 Genocide Convention, has a duty to take all reasonable measures at its disposal to prevent genocide.

Moves by Trump and his appointees to eliminate existing rules will be met with legal challenges, as many progressive groups and Democratic officials have made clear.

Consultations on PTPTN loans and admission to IPTA are among services provided at the Higher Education Ministry booth.

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The draft finance deal criticised by both developed and developing nations.

This was following the discovery of a suspected prohibited item in luggage.

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.