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EPF expects to increase global Sukuk mandate to US$1.75 bln

Posted on 20 October 2011

The Employees Provident Fund (EPF) expects to increase its global sukuk mandate to US$1.75 billion. Its general manager for treasury, Wan Kamaruzaman Wan Ahmad said the global sukuk fund, coming from Malaysia and Middle East countries, started with a fund size of US$650 million at its launch in October last year.
On the US$1.75-billion global sukuk fund, he said, US$1.38 billion was outsourced to fund managers with the balance being managed internally……………………………………….Full Article: Source

 
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