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Malaysia’s EPF raises holdings of global Sukuk to $1.75 bln

Posted on 19 October 2011

Malaysia’s state-owned Employees Provident Fund increased holdings of global Islamic bonds to $1.75 billion this year from $650 million in October 2010, when it set up a program to invest in the debt, according to the head of treasury.
“We are also looking to increase our mandate to include the Islamic space in the region,” Wan Kamaruzaman Wan Ahmad, who is also general manager at the fund, said at an Islamic conference in Kuala Lumpur today, without elaborating……………………………………….Full Article: Source

 
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