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High EPF Dividend Boosts Confidence In Malaysia's Market, Investment – Economists

KUALA LUMPUR, March 2 (Bernama) -- The Employees Provident Fund’s (EPF) decision to declare a 6.30 per cent dividend for both conventional and shariah savings for 2024 will bolster confidence in the capital market and investment sector, an economist said.  

EPF To Base Future Investments On Strategic Asset Allocation – CEO

SHAH ALAM, March 1 (Bernama) -- The Employees Provident Fund’s (EPF) future investments will be guided by its Strategic Asset Allocation (SAA), which follows a three-year investment cycle and is reviewed every three years.  

Shariah Account’s Equal Dividend Highlights Strength Of Shariah Investments – Economists

KUALA LUMPUR, March 1 (Bernama) -- The Employees Provident Fund’s (EPF) 6.30 per cent dividend payout for 2024 for the Shariah account, involving a total distribution of RM10.19 billion, is proof that Shariah-compliant investments have strong potential in generating returns, according to an economist.  

EPF's Commendable Dividend Payout To Spur Economic Activities, Support National Growth -- Economists

By Anas Abu Hassan

KUALA LUMPUR, March 1 (Bernama) -- The Employees Provident Fund's (EPF) move to pay a 6.30 per cent dividend for 2024 is expected to stimulate economic activities and contribute to national growth, according to economists.

EPF Ranks Among Largest Pension Funds In The World -- CEO

SHAH ALAM, March 1 (Bernama) -- The Employees Provident Fund (EPF) ranked the 13th largest pension fund in the world and the fifth largest in Asia as at September 2024, said chief executive officer Ahmad Zulqarnain Onn.

EPF Dividend Of 6.30 Pct For 2024 Is Highest In Seven Years -- CEO

SHAH ALAM, March 1 (Bernama) -- The 6.30 per cent dividend rate announced by the Employees Provident Fund (EPF) for both Simpanan Konvensional and Simpanan Shariah for 2024 is the highest since 2017, according to chief executive officer Ahmad Zulqarnain Onn.

EPF's Resilience, Commitment Reflected In Strong Dividend Performance -- Amir Hamzah

KUALA LUMPUR, March 1 (Bernama) -- The strong and competitive dividend rates achieved by the Employees Provident Fund (EPF) for 2024 demonstrate the fund’s resilience and commitment in ensuring a secure future for its members during retirement, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

EPF declares dividend of 6.30 Pct For Both Simpanan Konvensional, Simpanan Shariah for 2024, Total Payout Amounts RM73.24 Bln

KUALA LUMPUR, March 1 (Bernama) --  The Employees Provident Fund (EPF) board today announced a dividend rate of 6.30 per cent for Simpanan Konvensional, with a total payout of RM63.05 billion, and 6.30 per cent for Simpanan Shariah, with a total payout of RM10.19 billion.

AEON Bank Wins 2 Islamic Finance News Awards

KUALA LUMPUR, Feb 28 (Bernama) – Malaysia's first Islamic digital bank AEON Bank won the "Best Islamic Digital Bank (Global)" and "Best Islamic Digital Offering by a Bank (Malaysia)" at the recent Islamic Finance News (IFN) Awards via an IFN best bank poll.

Turing Secures US$14 Mln To Expand AI-driven Water Management Solutions

KUALA LUMPUR, Feb 27 (Bernama) -- Turing, a leader in artificial intelligence (AI)-driven water management solutions, has successfully raised US$14 million in a funding round led by Safar Partners. (US$1=RM4.42)

RHB Bank's Net Profit Surges To RM3.12 Bln In FY2024

KUALA LUMPUR, Feb 27 (Bernama) -- RHB Bank Bhd’s net profit increased to RM3.12 billion in the financial year ended Dec 31, 2024 (FY2024) from RM2.81 billion in FY2023, driven by strong total income growth.

Affin Bank's Profit Up 26.7 Pct In 2024 Amid Higher Income, Write-back Of Impairment Losses

KUALA LUMPUR, Feb 25 (Bernama) -- Affin Bank Bhd’s net profit increased 26.7 per cent to RM509.70 million for the financial year ended Dec 31, 2024 (FY2024) from RM402.19 million in the preceding year due to a higher income as well as higher write-back of credit impairment losses by RM229.6 million.