Malaysia’s EPF Allocates More to Sukuks
Posted on 10/20/2011
The adoption of Islamic finance as a viable asset class is gaining traction among SE Asian sovereign institutional investors. Malaysia’s Employees Provident Fund (EPF) is boosting fund allocation in Islamic bonds. In October 2010, the fund held $650 million in sukuks. They want to have a total allocation of $1.75 billion towards Islamic finance instruments. […]
