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Islamic Finance Briefing - Categorized | Funds, Performance more

Boom in shariah funds

Posted on 01 August 2012

The Securities Commission’s (SC) prediction of a RM3.3 billion to RM7.7 billion inflow into syariah funds via the Private Retirement Scheme (PRS) will mean a richer treasury for the nation.
Asian Strategic Leadership Institute’s (Asli) Centre for Public Policy Studies chairman and economist Tan Sri Ramon Navaratnam told The Malay Mail that with such a fund available domestically, there was no need for Malaysia to borrow money from abroad………………………………………..Full Article: Source

 
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