EPF sees more members migrating to Simpanan Shariah in 2018

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

This is due to the positive dividend to be announced in 2017, said chief executive officer Datuk Shahril Ridza Ridzuan.

“We are of the view that this shariah-compliant retirement scheme— Simpanan Shariah — is set to become  a significant mover on the Islamic finance landscape as it is expected to boost demand for Islamic financial products.

“Moreover, Simpanan Shariah converges  with the principles of socially responsible investing, another...

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