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Islamic Banking Markets

Staff Reporter

Published:

2 years ago

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Photo courtesy of Calvin Teo.

Maybank Asset Management Malaysia launch Shariah-compliant retirement solution

The funds aim to achieve a 6% to 8% return per annum.

Maybank Asset Management Sdn BhD (MAM Malaysia) has launched the Maybank Flexible Retirement Solution, the bank’s first Shariah-compliant retirement solution.

The solution comprises two new global Shariah-compliant funds. Investors can choose and switch between the Maybank Global Wealth Moderate-I Fund and Maybank Global Wealth Growth-I Fund tailored for their retirement planning.

The funds aim to achieve capital growth over the medium to long term, with a target return of 6% to 8% per annum.

In applying Shariah-filters to the investment process, the funds are able to capture better quality assets, according to Maybank.

Schroder Investment Management (Singapore) served as the investment adviser to the solution.

The Maybank Flexible Retirement Solution is available exclusively at Maybank branches in Malaysia.

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Maybank Flexible Retirement Solution

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