Strong dividend should encourage contributors to switch to EPF's syariah scheme, says PM | TheStarTV.com

Strong dividend should encourage contributors to switch to EPF's syariah scheme, says PM

Published on 4 Mar 2025 2:20:48 PM

It is not compulsory for Muslim contributors to transition to the Employees Provident Fund’s Simpanan Shariah account, but Prime Minister Datuk Seri Anwar Ibrahim believes the handsome 6.3% dividend declared for the scheme would encourage some to make the move.

Anwar told the Dewan Rakyat on Tuesday (March 4) that it is important to explain the benefits of syariah financial instruments to contributors.

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news, thestartv, the star, anwar ibrahim, prime minister, contributions, finance, dewan rakyat, parliament, shariah scheme, epf, kwsp

It is not compulsory for Muslim contributors to transition to the Employees Provident Fund’s Simpanan Shariah account, but Prime Minister Datuk Seri Anwar Ibrahim believes the handsome 6.3% dividend declared for the scheme would encourage some to make the move.

Anwar told the Dewan Rakyat on Tuesday (March 4) that it is important to explain the benefits of syariah financial instruments to contributors.

Read more at https://tinyurl.com/mpb4epr6

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, thestartv, the star, anwar ibrahim, prime minister, contributions, finance, dewan rakyat, parliament, shariah scheme, epf, kwsp