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EPF records total investment income of RM33.19 bln in 1H 2023

EPF records total investment income of RM33.19 bln in 1H 2023

The amount was after netting off listed equity write-downs recorded for the period under review, said the EPF in a statement today.
Tue Aug 15 2023
EPF dividends: Why is the Shariah dividend lower?

EPF dividends: Why is the Shariah dividend lower?

For the first time ever, EPF declared two dividends. But why is the Simpanan Shariah dividend lower?
Mon Feb 12 2018
EPF investment income jumps 73.9 pct to RM11.79 bln in 1Q17

EPF investment income jumps 73.9 pct to RM11.79 bln in 1Q17

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.
Tue May 30 2017
EPF sees more members migrating to Simpanan Shariah in 2018

EPF sees more members migrating to Simpanan Shariah in 2018

The Employees Provident Fund (EPF) expects to see more members migrating to the shariah-compliant retirement scheme from 2018 onwards.
Thu Apr 20 2017
Dec 23 last date to convert to EPF Shariah scheme

Dec 23 last date to convert to EPF Shariah scheme

According to EPF, Simpanan Shariah will go into implementation on Jan 1, 2017.
Tue Dec 20 2016
EPF's Simpanan Shariah hits RM41.1 bln

EPF's Simpanan Shariah hits RM41.1 bln

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.
Wed Sep 14 2016
Simpanan Shariah does not provide minimum dividend guarantee - EPF

Simpanan Shariah does not provide minimum dividend guarantee - EPF

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.
Mon Aug 22 2016
EPF's Simpanan Shariah 2017 reaches RM25.1 billion -  Shahril Ridza

EPF's Simpanan Shariah 2017 reaches RM25.1 billion - Shahril Ridza

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.
Mon Aug 15 2016
Simpanan Shariah: EPF to allocate up to RM30b annually

Simpanan Shariah: EPF to allocate up to RM30b annually

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.
Mon Aug 08 2016
No conventional banking in EPF's 'Simpanan Shariah' portfolio

No conventional banking in EPF's 'Simpanan Shariah' portfolio

Nevertheless, its investment strategy will still be guided by its Strategic Asset Allocation model.
Mon Jul 25 2016
Effective date for EPF Simpanan Shariah subject to yearly shariah fund allocation

Effective date for EPF Simpanan Shariah subject to yearly shariah fund allocation

EPF said the fund's yearly allocation is provided on a first-come first-served basis and other conditions implemented by the EPF Board.
Tue Jun 28 2016
Registration for EPF's Simpanan Shariah option opens on Aug 8

Registration for EPF's Simpanan Shariah option opens on Aug 8

Simpanan Shariah is a new savings option for members who wish to convert their current conventional accounts to one that is shariah-compliant.
Mon Jun 20 2016
Google, Meta urge Australia to delay bill on social media ban for children

Google, Meta urge Australia to delay bill on social media ban for children

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.
Tue Nov 26 2024
Judge tosses Trump 2020 election case after prosecutors' request

Judge tosses Trump 2020 election case after prosecutors' request

It represents a big legal victory for Donald Trump, who won the Nov. 5 US election and is set to return to office on Jan. 20.
Tue Nov 26 2024
DHL plane crash in Lithuania leaves authorities searching for answers

DHL plane crash in Lithuania leaves authorities searching for answers

Rescue services said the plane hit the ground, split into pieces and slid over 100 metres (110 yards).
Tue Nov 26 2024
National squad to hold friendly matches for 2025 Indoor Hockey World Cup

National squad to hold friendly matches for 2025 Indoor Hockey World Cup

The warm-up matches will involve matches against better ranked teams in the world, namely Austria (first) and Belgium (third).
Tue Nov 26 2024
G7 seeks unity on ICC arrest warrant for Netanyahu

G7 seeks unity on ICC arrest warrant for Netanyahu

The United States, part of the G7, has rejected the ICC decision, with President Joe Biden describing it as outrageous.
Tue Nov 26 2024
Francissca Peter remembers Tan Sri Ahmad Nawab: A tribute to a musical legend

Francissca Peter remembers Tan Sri Ahmad Nawab: A tribute to a musical legend

A legend who has influenced our music for decades, was one of the highlights of my career, says Francissca Peter.
Tue Nov 26 2024
TikTok decision coming soon as Jan. 19 divestment deadline looms

TikTok decision coming soon as Jan. 19 divestment deadline looms

Judges are reviewing TikTok's challenge to a law requiring ByteDance to sell its US assets by Jan. 19 or face a ban.
Tue Nov 26 2024
Lebanese sources: Biden, Macron set to announce Israel-Hezbollah truce

Lebanese sources: Biden, Macron set to announce Israel-Hezbollah truce

In Washington, White House national security spokesperson John Kirby said, "We're close" but "nothing is done until everything is done".
Tue Nov 26 2024
PM meets chaebol tycoon to attract more FDI to Malaysia

PM meets chaebol tycoon to attract more FDI to Malaysia

Chaebols are prominent figures from South Korea's family-owned conglomerates.
Tue Nov 26 2024
Govt won't allow non-citizen vehicles to enjoy RON95 subsidy - Economy Ministry

Govt won't allow non-citizen vehicles to enjoy RON95 subsidy - Economy Ministry

The implementation of the RON95 subsidy in 2025 is expected to provide savings of RM3.6 billion to government expenditure.
Tue Nov 26 2024