Different type of fund has different returns.

I remembered when shariah version of kwsp was first created, the dividend was declared lower. For the Muslims, they said that if take conventional account, must give away a certain portion while shariah version, don't have to do so. So, in the end, the actual dividend for shariah is higher than that for conventional for Muslim people.

Not a Muslim, so, i apologie if my understanding is wrong.

They have already taken that into account when they declare the dividend every year.

If they calculate dividend on daily rest, they can just declare lower dividend rate to balance the accounts.

This post has been edited by Gabriel03: Apr 9 2024, 01:42 PM

You can also choose to transfer first in order have it as a standby fund. Even though we have our own emergency fund, we cannot predict the future. If dividend goes lower than account 1 & 2, you can withdraw and reinvest elsewhere or as self contribute back to EPF (90% fund goes back to account 1&2).