Outline ·
[ Standard ] ·
Linear+
EPF DIVIDEND, EPF
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Lestat
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Feb 3 2018, 01:00 PM
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Islamic EPF is invested only in islamic investment instrument. So it is a bit restrictive. What I believe is, the gain/loss would not be distributed to the other side. It could have different divident or could be the same.. Time will tell.
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Lestat
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Feb 7 2018, 02:15 AM
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QUOTE(yklooi @ Feb 6 2018, 11:30 AM) just found this... "the syariah EPF scheme is an Islamic compliant scheme which cannot set a minimum dividend rate. " http://www.malaysianchinesenews.com/2016/0...rovident-funds/in syariah commerce, there cannot be guaranteed profit in business, profit/loss are equally shared as partners/share holders. Really, tbh, the biggest push for this syariah EPF is because of muslim epf members want to have a *clean* epf income which only come from syariah compliant instrument. I am not sure how it is attractive for non muslim especially when the epf switch to syariah account is not reversible.
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