Apr 20 2016, 02:08 PM
QUOTE(dasecret @ Apr 20 2016, 10:01 AM)
I can understand the misconception, but ASB is NOT a shariah compliant fund, it owns 20% of Maybank shares
It gives higher dividends than other fixed price ASx funds, but it has nothing to do with it being shariah compliant. Besides, ASB is meant for bumiputras, not muslims. There's also a slight difference there
Just needed to clarify that for the benefit of all readers out there
Useful info for me also. TQIt gives higher dividends than other fixed price ASx funds, but it has nothing to do with it being shariah compliant. Besides, ASB is meant for bumiputras, not muslims. There's also a slight difference there
Just needed to clarify that for the benefit of all readers out there
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