13-04-2021
Press Release: Kenanga Investors Launches First Waqf Fund With Yayasan Waqaf Malaysia
Kenanga Investors Berhad has launched the Kenanga Waqf Al-Ihsan Fund (“Fund”) together with Yayasan Waqaf Malaysia as the Fund’s appointed recipient and administrator. The fund is an open-ended investment vehicle investing in a diversified portfolio of Shariah-compliant investment instruments. In accordance with waqf principles, half of the fund’s returns will be contributed towards sectors such as education, healthcare, economic empowerment and environmental preservation or development.