Nearly half of EPF investments are in shari'ah-compliant assets

The Employees Provident Fund (EPF), Malaysia’s premier retirement savings fund, has reported an increase in quarterly investment income to RM11.51 billion for Q217 ended 30 June 2017, a year-on-year increase of 36.36% from RM8.44 billion during the same period last year.

CEO Datuk Shahril Ridza Ridzuan said, “Market conditions have improved from a year ago and all asset classes in our portfolio have recorded healthy year-on-year growth, with equities continuing as the main profit driver for the quarter under review.”

A total of RM820.71 million out of the total investment income of RM11.51 billion was generated for simpanan shari'ah (shari'ah-compliant deposits), while RM10.69 billion was generated for simpanan konvensional (conventional deposits). Simpanan shari'ah derives its income solely from its portion of shari'ah assets while income for simpanan konvensional is generated by its share of both shari'ah and non-shari'ah assets.

The value of EPF investment assets reached RM759.78 billion, a 3.92% or RM28.67 billion increase from RM731.11 billion, as at 31 December 2016. Out of the total investment assets, RM362.50 billion, or 47.71%, were in shari'ah-compliant investments.