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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
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024