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Malaysia pushing for personal savings, Islamic banking an option

Posted on 25 July 2012

The Malaysia government would like to see citizens saving more and having larger pensions. One of those new efforts being promoted by the government is the option of putting pension money in Islamic banks.
New regulations are allowing the Employees Provident Fund (EPF) to give those with pensions the option of putting portions, not all, of their pension into Islamic Sharia-compliant areas including sukuk and halal stocks………………………………………..Full Article: Source

 
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