ASB also announced 7% only for year 2017. Normally EPF does not outperform ASB based on historical data.

Highly unlikely due to the political nature and election season. ASB also they had to twist and turn and say return is 8.25% when actually its 7% for 2017. Also check out Tabung Haji where they are also not so direct with the returns:


https://www.facebook.com/photo.php?fbid=102...13699194&type=3

Thanks. link to post here for others: https://forum.lowyat.net/topic/2925714/all#

How to know if you’re conventional or syariah?

Thanks for the info. Also I noticed it stated in the 2017 statement at the bottom 6.9%.

You can read the comments here:

https://www.facebook.com/DrZaharuddin/photo...7357785/?type=3

anyways, its good there is options in malaysia, i still prefer the coventional way compared to islamic.

"The returns for conventional accounts, it said, were enhanced by the income generated from non-shariah investments following the outperformance of global banking stocks, while Simpanan Shariah did not include conventional banking stocks due to their non-shariah-compliant status.

In addition, EPF said, equity impairments from shariah-compliant stocks, particularly the oil and gas, and telecommunications counters, lowered the income of the EPF’s shariah portfolio."

"The Employees Provident Fund (EPF) has declared a dividend rate of 6.90 per cent for conventional accounts for 2017, with a payout amounting to RM44.15 billion and 6.40 per cent for Simpanan Shariah for 2017, with payout amounting to RM3.98 billion."

Interesting that only 8% payout is under syariah. Rest is conventional.