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Malaysia: Islamic finance pensions

Posted on 06 August 2012

Moves to liberalise Malaysia’s pension market is expected to galvanise the Islamic fi nance market, already a key segment of the country’s economy, though greater regulatory oversight will be needed to bolster investor confi dence in the sector.
On July 23, the international press reported that Malaysia was introducing ‘sweeping reforms’ to its pension system. The changes introduced a new, voluntary Private Retirement Scheme (PRS) to run alongside the existing Employees Provident Fund (EPF)………………………………………..Full Article: Source

 
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