Thanks to Jean Chai, the age-long issue being discussed (or lack thereof), has been solved.
Jean Chai has brought the matter up to Public Mutual’s ranks and their response has put the issue to rest.
Unfortunately, I won’t be able to publish their explanation due to their wishes but what I can say is that personally, I am satisfied with their response and I am confident that Public Mutual’s syariah-compliant products are in fact, in line with the Syariah law.
View the previous posts about PAIF’s syariah compliancy.
– Public Asia Ittikal Fund not Syariah Compliant?
– Updates on the Public Asia Ittikal Fund (PAIF) Syariah Compliancy Issue
– 2nd Update on Public Asia Ittikal Fund (PAIF) Syariah Compliancy Issue
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Disclaimer: This article is not a specific nor general advice on managing or investing your money. This article does not constitute a recommendation nor does it take into account your investment objectives, financial situation nor particular needs.
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Other related posts:
– ASB : Amanah Saham Bumiputera
– ASD: Amanah Saham Didik
– Public Mutual : Public Asia Ittikal Fund & Public Islamic Dividend Fund
– Borrow to Invest : ASB Loan Part 1
– Fund’s Strong Performance
– Amanah Saham Wawasan 2020 : ASW 2020
– My Investments with Public Mutual
– Understanding Unit Trust
– Amanah Saham Malaysia : ASM
– Types of Mutual Funds (Unit Trusts)
